Posted on

Reddit frenzy pumps up Dogecoin, a cryptocurrency started as a joke, by over 800%



Share

In this photo illustration, visual representations of digital cryptocurrencies, Bitcoin, Litecoin, Dogecoin, Ethereum and Ripple are arranged.Yuriko Nakao | Getty Images News | Getty ImagesGUANGZHOU, China — Dogecoin, a digital coin originally founded as a joke, has soared over 800% after a Reddit board talked about making it the cryptocurrency equivalent of GameStop.The price of dogecoin stood at $0.070755 at around 12.01 p.m. Singapore, up over 800% from 24 hours before, according to Coingecko. It was not far off of its 24-hour high of $0.072330 earlier in the day.Dogecoin was created in 2013 based on the popular “doge” meme at the time which involved a Shiba …

Read More