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Business News of Tuesday, 4 May 2021

Source: nairametrics.com

Dogecoin breaks new high, far more valuable than Nigerian Stock Market

Dogecoin often referred to as DOGE has just posted a new all-time high and established its name around the top 5 most valuable crypto assets by market value. The crypto is now more valuable than Nigerian Stock market $55 billion (N20.8 trillion) amid strong buying pressures prevalent in the crypto market.

Dogecoin is currently the fourth most valuable crypto asset by a market value of $71 billion. It has a circulating supply of 129,461,434,269 DOGE coins and the maximum supply is not available.

The altcoin has posted massive returns of over 100% in the past one week and just recently, a major sports brand, Oakland Athletics announced it will be offering its fans the option of purchasing some special seats with dogecoin.