ToplineThe Dogecoin cryptocurrency surged to an all-time on Friday morning – almost tripling its value in just 24 hours – and is now the seventh largest cryptocurrency in terms of market value. UKRAINE - 2021/02/08: In this photo illustration a Dogecoin sign of a digital cryptocurrency is seen ... [+] on a mobile phone and a pc screen. (Photo Illustration by Pavlo Gonchar/SOPA Images/LightRocket via Getty Images) SOPA Images/LightRocket via Getty ImagesKey FactsAs of 9:30 a.m. Friday, the value of Dogecoin had jumped 183% in just the past 24 hours to an all-time high of $0.374, according to Coinbase, giving the cryptocurrency a market cap value of $48.3 billion. Over the past week, Dogecoin’s value has more than quintupled in value. Dogecoin is now the seventh largest cryptocurrency in terms of market cap, but far behind number one Bitcoin, which now has a market cap in excess of $1.1 trillion.

Source: Forbes April 16, 2021 13:52 UTC