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Dogecoin s $10 billion valuation now makes it bigger than these 11 well-known companies
Matthew FoxFeb 10, 2021, 00:24 IST
Dogecoin is a cryptocurrency based on the Doge meme, started seemingly as a jokeYuriko Nakao/Getty Images
Dogecoin s 1,500% rally in 2021 had made the meme-based cryptocurrency worth $10 billion.
These 11 well-known companies are now worth less than a shiba inu-inspired cryptocurrency.
Dogecoin, a meme-inspired cryptocurrency that was started as a joke in 2013, is now worth more than $10 billion after a gravity-defying year-to-date rally of 1,500%.
Dogecoin.
Dogecoin differs from bitcoin in that there is no hard limit on the total supply of coins. Bitcoin has a fixed supply of about 21 million coins, of which not all have been mined yet. Dogecoin on the other hand has more than 100 billion coins outstanding, with 5 billion in new coins hitting the supply every year.