Topline The Dogecoin cryptocurrency surged to an all-time on Friday morning – almost tripling its value in just 24 hours – while the RobinHood trading app, popular with Millennials, reported intermittent outages due to heavy crypto trading UKRAINE – 2021/02/08: In this photo illustration a Dogecoin sign of a digital cryptocurrency is seen … [+] on a mobile phone and a pc screen. (Photo Illustration by Pavlo Gonchar/SOPA Images/LightRocket via Getty Images) SOPA Images/LightRocket via Getty Images Key Facts As of 11:10 a.m. Friday, the value of Dogecoin had jumped 203% in just the past 24 hours to an all-time high of $0.404, according to Coinbase, giving the cryptocurrency a market cap value of $52.2 billion. Over the past week, Dogecoin’s value has more than quintupled in value. According to CoinGecko.com. Dogecoin is now the seventh largest cryptocurrency in terms of market cap, but far behind number one Bitcoin, which now has a market cap in excess of $1.1 trillion. Trading volume for cryptocurrencies were so frenzied on Monday that popular trading app RobinHood said at 10:19 a.m. that it was “experiencing issues with crypto tr… Click below to read the full story from Forbes
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‘Joke’ Dogecoin Hits All-Time High With $48.3 Billion Market Value
