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Dogecoin Rise: Meme coin ascendant even as Yellen prompts broader sell-off
Cryptocurrencies (and stock markets) have pulled back after Janet Yellen floated the possibility of raising interest rates — but not even the US Treasury secretary can stop the DOGE. The meme coin hit another all-time overnight, trading at US60c, on a trading volume of US$38 billion. Dogecoin overtook Ripple’s XRP token to become the fourth most valuable cryptocurrency, with a market cap of US$71 billion, behind Binance Coin, which is collectively worth US$95 billion. tweet At 10.22am AEST, Dogecoin was trading at US55.5c, up 25 per cent from yesterday, 105 per cent for last seven days, and 22,167 per cent for ... (full story)