Market Wrap: It’s ‘Doge Day Afternoon’ as Memecoin Jumps 47%; Ether and Bitcoin Rise
- Date: 15-May-2021
- Source: Yahoo News
- Sector:Financial Markets
- Country:Middle East
Market Wrap: It’s ‘Doge Day Afternoon’ as Memecoin Jumps 47%; Ether and Bitcoin Rise
Dogecoin soared on Friday but the cryptocurrency’s circulation ownership raises questions. Ether pops as its futures market hits a record. Bitcoin faces pressures from its options market and a downward trending dominance percentage.
Dogecoin (DOGE) trading around $0.56 as of 21:00 UTC (4 p.m. ET). Gaining 47% over the previous 24 hours.
Dogecoin’s 24-hour range: $0.39-$0.58 (CoinDesk 20)
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