Dogecoin price surpasses 10 cents to reach an all-time high
CNN
Bitcoin and Ethereum aren't the only digital currencies that are hitting record highs this week. Dogecoin, the crypocurrency that features the face of a Shiba Inu dog as its logo, has surpassed 10 cents for the first time.
The virtual currency, which originally started as an internet parody more than seven years ago, has surged more than 85% in the last 24 hours and is trading at $0.13, according to CoinDesk. Its market cap is now over $17 billion. The latest surge comes as investors gear up for the direct listing of cryptocurrency exchange Coinbase Global, which could further help validate crypto buying and selling as a business. Bitcoin also rocketed to a new record above $62,700 this week ahead of that listing, and other cryptocurrencies have also enjoyed big gains.
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