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Is Guy Fieri to blame for Dogecoin’s latest record high?

From fortune.com

Doge Day fizzled, but the drive to take Dogecoin to the $1 mark is alive and well—and looking a lot more attainable all of a sudden. Dogecoin exploded in early trading Tuesday, hitting all-time highs of 61 cents, a 49% increase over the past 24 hours. That bests the previous all-time high by six cents, a small amount for most cryptos, but a giant leap for the currency that no one was meant to take seriously. Exactly what’s driving today’s stampede is unclear. The runup could be tied to Elon Musk’s upcoming hosting stint on Saturday Night Live, where it’s a safe bet the cryptocurrency will at least get a name check. ... (full story)

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  • Category: Fundamental Analysis