Price of “worthless” cryptocurrency skyrockets by 1,000% thanks to GameStop stock fiasco
It looks as if the effects of r/WallStreetBets-GameStop stock fiasco has spilled over into the cryptocurrency space, with the infamous meme token Dogecoin (DOGE) experiencing an explosive price surge over the past day and a half.
At 12.09 p.m. (GMT+8) on January 29, 2021, the price of the cryptocurrency infamously hailed as a “shitcoin” (a term used to denote cryptos with no inherent value or purpose) in the past surged to an all-time high of US$0.077 per DOGE after entering a bullish…
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