Dogecoin at $50 Billion Makes It Bigger Than Ford and Kraft

Bloomberg2021-04-20

The token has soared more than 400% in the past week It’s all part of the dizzying trajectory for Dogecoin For a cryptocurrency created as a joke, Dogecoin now has some serious company. After a 400% ...

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TwoDeMoon
2021-04-20
TwoDeMoon
Anything is possible nowadays; from rags to riches, from paper to diamond
ojxp
2021-04-20
ojxp
Please go higher! Like my post and comment please!
Jungkook
2021-04-20
Jungkook
Wow
- Songy:
  Hekp

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Like my post and comment please!","listText":"Please go higher! Like my post and comment please!","text":"Please go higher! Like my post and comment please!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/371117081","repostId":2128121845,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":371112888,"gmtCreate":1618919911444,"gmtModify":1634289916043,"author":{"id":"3564739605088845","authorId":"3564739605088845","name":"Jungkook","avatar":"https://static.tigerbbs.com/56b4eb81cf97f4574ccffed2ae0b8849","vip":1,"crmLevel":3,"crmLevelSwitch":0,"idStr":"3564739605088845","authorIdStr":"3564739605088845"},"htmlText":"Wow","listText":"Wow","text":"Wow","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/371112888","repostId":2128121845,"repostType":4,"repost":{"id":"2128121845","kind":"news","pubTimestamp":1618919453,"share":"https://www.laohu8.com/m/news/2128121845?lang=&edition=full","pubTime":"2021-04-20 19:50","market":"us","language":"en","title":"Dogecoin at $50 Billion Makes It Bigger Than Ford and Kraft","url":"https://stock-news.laohu8.com/highlight/detail?id=2128121845","media":"Bloomberg","summary":"The token has soared more than 400% in the past week\nIt’s all part of the dizzying trajectory for Do","content":"<ul>\n <li>The token has soared more than 400% in the past week</li>\n <li>It’s all part of the dizzying trajectory for Dogecoin</li>\n</ul>\n<p>For a cryptocurrency created as a joke, Dogecoin now has some serious company.</p>\n<p>After a 400% rally in the past week, the total value of all circulating Dogecoins in the world is about $50 billion, according to data provider CoinMarketCap.com.</p>\n<p>That makes it bigger than the market cap of Ford Motor Co. and Kraft Heinz Co. -- and nearly equal to <a href=\"https://laohu8.com/S/TWTR\">Twitter</a> Inc., the platform where Elon Musk and Mark Cuban have promoted the Shiba Inu-themed meme coin.</p>\n<p>No one thinks these blue-chip stocks are all that comparable to Dogecoin, a fringe asset with no real purpose beyond being a joke on social media. But the similarity of their market values underscores the boom in cryptocurrencies that’s taken Wall Street by storm.</p>\n<p><img src=\"https://static.tigerbbs.com/06aa230099ff8fb8bd3070bdf800d8f0\" tg-width=\"878\" tg-height=\"395\"></p>\n<p>It’s all part of the dizzying trajectory for Dogecoin, which has delighted followers of so-called alt coins, but dismayed some crypto enthusiasts who worry that it’s only adding to volatility and detracting from its more useful endeavors, like decentralized finance.</p>\n<p>Dogecoin prices climbing once again, with fans rallying behind the #DogeDay hashtag to celebrate April 20, or 4/20, known in cannabis culture as a day for smoking marijuana. Prices were trading just below 40 cents, according to CoinGecko.com.</p>\n<p>Meanwhile, other cryptocurrencies have been mired in a slump as euphoria from Coinbase Global Inc.’s listing wears off. Bitcoin, the world’s largest token, has fallen for five straight days, back to $55,000.</p>","source":"lsy1584095487587","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Dogecoin at $50 Billion Makes It Bigger Than Ford and Kraft</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nDogecoin at $50 Billion Makes It Bigger Than Ford and Kraft\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-04-20 19:50 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.bloomberg.com/news/articles/2021-04-20/dogecoin-at-50-billion-makes-it-bigger-than-ford-and-kraft?srnd=markets-vp><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>The token has soared more than 400% in the past week\nIt’s all part of the dizzying trajectory for Dogecoin\n\nFor a cryptocurrency created as a joke, Dogecoin now has some serious company.\nAfter a 400% ...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2021-04-20/dogecoin-at-50-billion-makes-it-bigger-than-ford-and-kraft?srnd=markets-vp\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"COIN":"Coinbase Global, Inc.","KHC":"卡夫亨氏","TWTR":"Twitter","F":"福特汽车"},"source_url":"https://www.bloomberg.com/news/articles/2021-04-20/dogecoin-at-50-billion-makes-it-bigger-than-ford-and-kraft?srnd=markets-vp","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2128121845","content_text":"The token has soared more than 400% in the past week\nIt’s all part of the dizzying trajectory for Dogecoin\n\nFor a cryptocurrency created as a joke, Dogecoin now has some serious company.\nAfter a 400% rally in the past week, the total value of all circulating Dogecoins in the world is about $50 billion, according to data provider CoinMarketCap.com.\nThat makes it bigger than the market cap of Ford Motor Co. and Kraft Heinz Co. -- and nearly equal to Twitter Inc., the platform where Elon Musk and Mark Cuban have promoted the Shiba Inu-themed meme coin.\nNo one thinks these blue-chip stocks are all that comparable to Dogecoin, a fringe asset with no real purpose beyond being a joke on social media. But the similarity of their market values underscores the boom in cryptocurrencies that’s taken Wall Street by storm.\n\nIt’s all part of the dizzying trajectory for Dogecoin, which has delighted followers of so-called alt coins, but dismayed some crypto enthusiasts who worry that it’s only adding to volatility and detracting from its more useful endeavors, like decentralized finance.\nDogecoin prices climbing once again, with fans rallying behind the #DogeDay hashtag to celebrate April 20, or 4/20, known in cannabis culture as a day for smoking marijuana. Prices were trading just below 40 cents, according to CoinGecko.com.\nMeanwhile, other cryptocurrencies have been mired in a slump as euphoria from Coinbase Global Inc.’s listing wears off. 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