Crypto News - No Reason To Panic Over Dogecoin Prices - Bitcoin News
No reason to panic over Dogecoin prices
Former USOCC Acting Comptroller Brian Brooks talks about Dogecoin and other cryptocurrencies.
According to Brooks, Bitcoin and other digital currencies will suffer because of panic over Dogecoin prices.
In recent weeks, Dogecoin has actually lost almost 30% of its worth, leading Brooks to comment on what he views as a stopping of the task. A Dogecoin market cap of $38 billion is presently trading near $0.30 on Binanco.
It is very crucial not to let the price walking of Dogecoin end up threatening the death of bitcoin or Ethereum and other ingenious tasks. Elon Musk and Saylor's attention is significantly turned to Bitcoin mining councils. It is unclear whether that is a good idea or a bad thing, however it reveals they are working to develop themselves in the crypto space," Brooks said.
Compared to last year, Dogecoin's price surged considerably. After a rise of retail trade demand, DOGE reached its all-time high on 8 May, reaching almost $0.73. Dogecoin has gotten roughly 7,000 % considering that January.
Dogecoin is one of the top cryptocurrencies within its market cap, according to Digital Currency Group CEO Barry Silbert. In his post, Selbert mentions that despite its potential, DOGE is not worth the $37 billion market capitalization. The future of Doge actually excites me. The community is passionate, so it does not appear to be going away soon. Silbert tweeted that it isn't worth $37 billion.
A rumor about Elon Musk's involvement with Dogecoins was just recently eliminated by the Tesla CEO. According to Musk, Dogecoin does not have an official company, so he has limited control over its administration.
Former USOCC Acting Comptroller Brian Brooks talks about Dogecoin and other cryptocurrencies.
According to Brooks, Bitcoin and other digital currencies will suffer because of panic over Dogecoin prices.
In recent weeks, Dogecoin has actually lost almost 30% of its worth, leading Brooks to comment on what he views as a stopping of the task. A Dogecoin market cap of $38 billion is presently trading near $0.30 on Binanco.
It is very crucial not to let the price walking of Dogecoin end up threatening the death of bitcoin or Ethereum and other ingenious tasks. Elon Musk and Saylor's attention is significantly turned to Bitcoin mining councils. It is unclear whether that is a good idea or a bad thing, however it reveals they are working to develop themselves in the crypto space," Brooks said.
Compared to last year, Dogecoin's price surged considerably. After a rise of retail trade demand, DOGE reached its all-time high on 8 May, reaching almost $0.73. Dogecoin has gotten roughly 7,000 % considering that January.
Dogecoin is one of the top cryptocurrencies within its market cap, according to Digital Currency Group CEO Barry Silbert. In his post, Selbert mentions that despite its potential, DOGE is not worth the $37 billion market capitalization. The future of Doge actually excites me. The community is passionate, so it does not appear to be going away soon. Silbert tweeted that it isn't worth $37 billion.
A rumor about Elon Musk's involvement with Dogecoins was just recently eliminated by the Tesla CEO. According to Musk, Dogecoin does not have an official company, so he has limited control over its administration.
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