The meme coin has now been listed on eToro, after a 42% gain in the last 24 hours
Dogecoin (DOGE), the meme-based cryptocurrency, has experienced a dramatic rise in price over the last 24 hours, equalling almost 50% in gains.
eToro is the latest platform to list DOGE. Along with Gemini, the platform will be hoping to capitalise on the growing popularity of the coin, resulting in them allowing users to buy DOGE. With a market value over $71 billion – a figure that makes the coin worth more than Twitter, Capital One and Nintendo to name a few – the coin could be set for further gains in the near future.
Dogecoin currently has a $75 billion market cap.
That's higher than…
• Capital One
• Nintendo
• Heineken
• Santander
• BMW
• Adidas
• Ferrari
• Honda
• Volvo
• Marriott
• Barclays
• eBay
• Delta
• Peloton
• DraftKings
• MGM Resorts
• Lyft— Joe Pompliano (@JoePompliano) May 4, 2021
The cryptocurrency, which has been frequently supported by the Tesla CEO Elon Musk in recent months, could be primed for greater price discovery ahead of this Saturday’s edition of Saturday Night Live (SNL), in which Musk is set to host the long-running US comedy show. Musk tweeted last week “Dogefather” in an announcement for his appearance, suggesting the coin may feature in some form on Saturday’s show.
The Dogefather
SNL May 8— Elon Musk (@elonmusk) April 28, 2021
With the billionaire bringing Dogecoin to the attention of a mainstream audience, the cryptocurrency could reach millions of Americans who have otherwise not heard of cryptocurrencies, let alone Dogecoin.
With figures from last year showing
