Dogecoin Now Held at 5M Crypto Addresses, Though Concentration Remains a Concern
DOGE’s market value has risen 14% to almost $11 billion this month.
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DOGE’s market value has risen 14% to almost $11 billion this month.
Trading interest in DOGE bets rose over 40% in the past 24 hours to reach their highest levels since April.
The CoinDesk Market Index has added almost 4% in the past 24 hours.
Only tron (TRX) and toncoin (TON) were in the green on Friday, up over 1% each on no immediate catalysts.
Altcoins are leading declines, with majors like DOGE, SOL and MATIC shedding 6-7% in the past 24 hours.
A sharp mid-afternoon selloff upended what had been a quiet Tuesday in cryptocurrencies.
Popular animated science fiction show Futurama gave a glimpse into what it thinks the future of crypto could look like in its latest episode called “How the West Was 101001” by mocking crypto miners.
Version 2 of GMX allows trading of riskier assets at lower fees, with some pools yielding as much as an annualized 47%.
“Elon clearly has an affinity for DOGE, almost as part of a running joke, but I wouldn’t be surprised if he actually went through with enabling payments via DOGE.”