Just a week after dogecoin’s massive rally, during which the coin surpassed the 70-cent mark for the first time in the lead-up to Elon Musk’s hosting appearance on “Saturday Night Live,” ethereum is taking its turn in the spotlight.
The coin has been on a massive tear in recent days, nearly doubling in value over the past month. The world’s second-biggest cryptocurrency by market cap now costs more than $4,000 per coin, a far cry from the $176 it was commanding a year ago.
Unlike dogecoin, whose rise has been fueled by tweets and Reddit threads, ethereum has support from
Dogecoin briefly surged to an all-time high of 69 cents Wednesday morning, capping a roller-coaster run for the meme-based cryptocurrency that has skyrocketed in value in recent months.
The latest rally has come in the lead-up to Tesla CEO Elon Musk hosting NBC’s “Saturday Night Live” this weekend. Musk has long praised the digital token to his 52 million Twitter followers, and some speculate that a mention of dogecoin on national television could spark even more demand.
If you bought dogecoin at the beginning of the year you’ve enjoyed massive gains over the past four months. A $1,000 dogecoin purchase
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