345
132 shares, 345 points

The popular altcoin Dogecoin (DOGE) has almost flown in the last 24 hours and the uptrend continues at the time of writing. The cryptocurrency reached the limit of $ 0.70, an increase of more than 55 percent. DOGE has gained over 150 percent in the last 7 days. While this rally excites the cryptocurrency community, Spencer Bogart of Blockchain Capital claims he is not a real user of Dogecoin.

Dogecoin reached $ 90 billion in market cap! “No real users”

Dogecoin’s market cap has reached $ 90 billion, which is an extremely impressive feat for the cryptocurrency, which continues to be ignored as a joke. Now cryptocurrency is bigger than Snapchat and Xiaomi. Dogecoin price made 17.893 percent in 2021 with active support from Elon Musk, Mark Cuban and Snoop Dogg. DOGE also broke $ 0.69, rising massively in the past 24 hours. Still, some industry leaders are encouraging market participants to take off their rose-colored glasses and take a sober look at the meme cryptocurrency.

In a recent Bloomberg interview, Spencer Bogart, general partner of Blockchain Capital, warned Dogecoin fans. Spencer Bogart stated that the Shiba Inu-themed cryptocurrency is not real users and developers. Spencer Bogart adds that Doge is the “perfect target” for a “fun guy” like Elon Musk. Spencer Bogart comments on the subject:

You know, it’s a functional network, so we’re going to give it this credit (it works). But there are no real users, no developers working on it. He likes jokes. You know he’s a fun guy. She loves memes and the Doge is the perfect target for that.

What is the latest on the popular altcoin Dogecoin?

The fourth largest cryptocurrency, Dogecoin, is trading at $ 0.66, up 55 percent at the time of writing. The popular altcoin currently has a market capitalization of $ 86.5 billion. At the time of writing, DOGE manages a final 24-hour trading volume of $ 49.3 billion at market capitalization.


Like it? Share with your friends!

345
132 shares, 345 points

What's Your Reaction?

hate hate
490
hate
confused confused
1226
confused
fail fail
858
fail
fun fun
736
fun
geeky geeky
613
geeky
love love
245
love
lol lol
368
lol
omg omg
1226
omg
win win
858
win

0 Comments

Your email address will not be published. Required fields are marked *

Choose A Format
Personality quiz
Series of questions that intends to reveal something about the personality
Trivia quiz
Series of questions with right and wrong answers that intends to check knowledge
Poll
Voting to make decisions or determine opinions
Story
Formatted Text with Embeds and Visuals
List
The Classic Internet Listicles
Countdown
The Classic Internet Countdowns
Open List
Submit your own item and vote up for the best submission
Ranked List
Upvote or downvote to decide the best list item
Meme
Upload your own images to make custom memes
Video
Youtube, Vimeo or Vine Embeds
Audio
Soundcloud or Mixcloud Embeds
Image
Photo or GIF
Gif
GIF format