Beyond Bitcoin and Ether: 10 cryptocurrencies you need to know

in #news • 5 months ago

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Dogecoin, created as a joke by software engineers Billy Markus and Jackson Palmer in 2013, features the Shiba Inu dog from the Doge meme. Initially a joke, it evolved into one of the most valuable cryptocurrencies. The GameStop saga in January 2021, fueled by the Reddit community WallStreetBets and an Elon Musk tweet, led to a surge in GameStop’s stock price and brought Dogecoin into the limelight. Investors on Reddit likened Dogecoin to GameStop, leading to its rise, with Dogecoin peaking at $0.74 per coin in May 2021. As of June 5, 2024, Dogecoin had a market capitalization of $23 billion, making it the eighth-largest cryptocurrency.

URL:
https://qz.com/bitcoin-ether-cryptocurrencies-dogecoin-solana-bnb-1851524662

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