Why Is Dogecoin Market Cap So High

Why Is Dogecoin Market Cap So High. Add a fancy hat and bam! Dogecoin is worth us$0.002847 as of my typing.

Why Ethereum Lacks Support At $2,000, Chainalysis Report ... from thebitcoindesk.com

These are to disincentivize people from hoarding, replace lost coins, reward miners continually to keep the network secure and keep the transaction fees low. The cap used to be originally 100 billion dogecoins, and at the moment there are ≈130 billion dogecoins in circulation. Market cap is price times the total of mined currency.

Over the last day , dogecoin has had 20% transparent.

Daily high / daily low. On monday, dogecoin boasted a market value of nearly $10.5 billion, up 107% over the past seven days, according to coinmarketcap.com, which provides data on digital so is dogecoin worth all the attention? Apple and amazon's market caps have been somewhat higher than $1 trillion. Similarly to the other market, dogecoin price lowered by the loss of the public's attention.