Dogecoin (DOGE) broke $ 0.50 and has reached its all-time high of $ 0.33. This rise came after eToro listed its coin on its platform.
Dogecoin continues to attract people’s attention, with a popular brand mentioning DOGE on Twitter, listing its eToro, and using it as a payment method for MLB ticket series.
At the same time, the price of the coin jumped to an all-time high of $ 0.53.
Latest developments benefiting Dogecoin (DOGE)
Inspired by the Shiba Inu, the joke coin has received approval from many celebrities over the past few months. Snoop Dogg, Mark Cuban, the NBA team and more were among those who joined the madness after Elon Musk, who had openly supported the presence for years.
Several companies have promoted Dogecoin as a payment instrument that will solidify its position as a legal currency, according to Cuban. This private admission received more support from professional baseball team Oakland Athletics.
Fans will be able to purchase tickets with 100 DOGE between May 3 and May 6.
The joke coin, previously mentioned by the Snickers and Mars brands, has now caught the attention of another US brand, Slim Jim. The company recently posted a mysterious tweet saying “reject society, be Doge” and added the DOGE hashtag.
DOGE is now bigger than BMW
In light of its global adoption, DOGE’s price has been rising since the beginning of the year. The coin was trading at $ 0.005, but the constant interactions of celebrities and all the other developments mentioned above increased in value in the following months.
Dogecoin is currently the 5th largest cryptocurrency with a market cap of over $ 63 billion. Outside of the cryptocurrency industry, the coin’s market cap has surpassed BMW, MetLife, Honda Motor Co, Vodafone Group and more.