Dogecoin reached an all-time high after being listed on eToro

Dogecoin (DOGE) climbed to $ 0.488 on Tuesday, May 4th, hitting its all-time high. According to data from CoinGecko, it is currently the fifth most popular cryptocurrency and its market cap reaches $ 63.1 billion. Dogecoin's impressive price increase came after its listing on the popular eToro social trading platform along with DOGE trading on Monday. $ DOGE is here! Here's what you need to know No investment advice – eToro (@eToro) May 3, 2021 Dogecoin recently shed a tear and rolled out up to $ 0.38 a month as influencers and social media celebrities were singing the praises of the coin. Dogecoin's biggest financier remains Tesla CEO Elon Musk, who has regularly tweeted about the cryptocurrency in recent months and received the title of 'Dogefather'. Musk's tweets were linked to DOGE price increases – in a discussion about the Clubhouse voice chat app in February, he said his posts on Dogecoin were "really just jokes." Absolutely – Elon Musk (@elonmusk) May 1, 2021 This weekend, May 8, Musk will debut as the host of the comedy show Saturday Night Live, providing him with a great platform to share his views and ideas. . Tesla CEO said cryptocurrency fans would 'definitely' refer to the title 'Dogefather', which will hope that a named Dogecoin drop in SNL will have the same effect as Musk's Twitter pronunciations. Dogecoin: "a usable currency"? Other prominent names that support Dogecoin include billionaire entrepreneur Mark Cuban, owner of the Dallas Mavericks basketball team that turned coin yesterday. According to Cuban, Dogecoin could become a “ usable currency '' if more companies start accepting it for their products and services, and could “ keep the purchase value better than a $ from you.

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