Business
Dogecoin ‘bubble’ surges ahead of Elon Musk’s debut on Saturday Night Live – ABC News
The “joke” cryptocurrency dogecoin has surged 600 per cent in recent weeks. One analyst says Elon Musk’s upcoming appearance on Saturday Night Live is fuelling…
Dogecoin was originally created as a “joke” several years ago to poke fun at bitcoin and the manic surge in cryptocurrencies.
But thanks to Tesla boss Elon Musk, who has been spruiking it on Twitter in the past few months, dogecoin is now the most expensive joke in the world.
If you were could turn back time, gambling on dogecoin would have been a quick way to get rich (with hindsight):
- 12 months ago, each of those “meme” coins was practically worthless (or 0.26 US cents to be precise).
- It climbed…
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