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Topline
The value of dogecoin soared to nearly 70 cents Wednesday morning as enthusiastic online traders continue to pile in on the ‘joke’ cryptocurrency, making it the fourth most valuable cryptocurrency and bringing the longtime goal of $1 a token within reach ahead of dogecoin champion Elon Musk’s anticipated appearance on Saturday Night Live this weekend.
Dogecoin is the fourth most valuable crypto token by market cap
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Key Facts
At the time of writing, dogecoin was trading at around $0.67 a coin—down slightly from an all time high of $0.69 earlier this morning.
The price per token was up 37% from this time the previous day, and has risen 147% over the past week.
Dogecoin’s market cap now sits at around $86.7 billion, up from $69 billion yesterday.
Further Reading
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