Dogecoin. Once a Joke. Moves Mainstream

Dogecoin. Once a Joke. Moves Mainstream - WSJ

Traders on online forums are whipping the meme cryptocurrency’s price higher following a meteoric 8.000% rally so far this year.

A cryptocurrency that was created as a joke exploded into plain view on Wall Street on Monday. with a surge in dogecoin sending its 2021 return above 8.100%—more than double the gains on the S&P 500. including dividends. since 1988. Dogecoin’s rise from a quirky meme into a widely traded asset worth about $50 billion—more than Marriott International Inc.

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