DOGE is trading at $0.60 currently with a market cap of $80 billion and still the 4th largest cryptocurrency according to Coingecko.
By this data, it’s obvious that Dogecoin is bigger than Elon Musk’s SpaceX.
As a Dogecoin Supporter, his followers expect him to promote the meme coin at his SNL appearance this Saturday.
Dogecoin has seen more adoption as it’s now being used as a payment option in companies
Dogecoin can now be used to make payments in 41000 stores as announced by the payments network Flexa.
The Company partnered with Gemini, a crypto exchange-led Winklevoss, the aim is to provide use cases for spending cryptocurrencies.
This adds utility to the meme coin even as Gemini listed it this week, adding to its price spike.
Many Americans also see Doge as the next bitcoin as the joke coin gains more acceptance.
The National Payments Corporation of India (NCPI) Says It will not ban cryptocurrencies and only advised Banks to decide whether to allow it or not.
This means that the restrictions placed on trading crypto are getting eased off as the corporation declared that It’s not against cryptocurrency and has given banks the liberty to either accept it or reject it, judging by their own risk management and under special financial adviser.
The newly appointed chairman of the U.S. Securities and Exchange Commission talked about cryptocurrency tokens and called the security.
Gary Gensler made this statement at his Friday appearance on CNBC’s “Squawk Box,”.
He also mentioned The Largest Cryptocurrency, Bitcoin, and Describes it as a Scarce Store Of Value.
He added he has no comment on Elon Musk’s SNL appearance, saying Elon’s media consultants are there.
Nokia launched the blockchain-enabled Nokia Data Marketplace on Wednesday.
The marketplace will offer monetized data exchange and analytic features.
This service would allow partners from different industries to partner through private blockchain, AI, and automated mechanisms in real-time in order to manage the increasingly growing data volumes.
Friedrich Trawoeger, a Nokia executive shared that users need to access secure and trusted data.