Dogecoin Unseat XRP to Become the Top-4 Valuable Crypto as Price Finally Tops 69 Cents,
A season of mind-blowing moments in the world of Cryptocurrency as the Shiba Inu-represented Crypto (Dogecoin) soar higher which didn’t occur on a Dogeday, but “ruffly” two weeks after the price of the Dogecoin (DOGE, -1.57) slightly surpass 69 cents, the target the DOGE army had set for April 20- 4/20 or “National Stoner Day”.
Dogecoin is the fourth-most valuable crypto in the world with a staggering 13,611% year-to-date and is up 1,016% over a 30-day period and a sensational change in hands for around $0.66 after climbing to a record high of around 0.696 at 05:00 UTC on Wednesday, up over 38% in the last 24hours.
The Doge project appears to have “remarkably strong fundamentals and powerful forces supporting its rise, and according to report there were over 3.6 million addresses holding some amount of DOGE, with around 60% of total supply having moved in 2021.
Its surging popularity now means DOGE has unseated XRP (+14.28%) as the fourth-largest cryptocurrency by market capitalization on Messari and CoinMarketCap.
DOGE is now valued at around $84.2 billion in total, while XRP is placed sixth at around $55.9 billion, per Messari. For comparison, bitcoin (BTC, +3.76%) remains king with a capitalization above $1 trillion.
By this metric, Dogecoin is now worth more than U.S. multinational delivery services company FedEx.
The Shiba Inu-represented Crypto (Dogecoin) which started in the year 2013 as a joke, has blew most serious coins away as “People love a good joke.”
Growth and user adoption in the project have come from multiple angles this year. Multi-asset brokerage platform eToro added support for the cryptocurrency on Monday following strong demand from its clients. Gemini followed suit by announcing the coin’s listing on Tuesday.
The supports from a Multi-asset brokerage platform eToro on Monday following a strong demand from its clients, and Gemini who followed suit by announcing the coin’s listing on Tuesday, have made Dogecoin to thrive beyond imagination while the effects of Tesla’s Elon Musk and billionaire investor Mark Cuban have continued to spur on its price.