Coinspeaker
Dogecoin Outpaces Porsche’s Market Cap amid Surging Popularity
Dogecoin
DOGE
$0.40
24h volatility:
3.2%
Market cap:
$59.00 B
Vol. 24h:
$8.12 B
, the most popular meme coin, has reached an important milestone, exceeding the market value of the luxury car brand Porsche.
This rise is fueled by renewed interest and endorsements from high-profile figures, especially Elon Musk, the CEO of Tesla Inc (NASDAQ: TSLA) and SpaceX. Dogecoin’s market price of $0.39 has now pushed its valuation to about $57.8 billion. With this valuation, Dogecoin has retained its spot as one of the top 10 coins in the market.
This marks a 175% increase over the past month, now exceeding Porsche’s value of $56 billion. Notably, th
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