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Dogecoin price surges above 30 cents in big week for cryptocurrency


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The New York Times
SOURCE: https://www.usatoday.com/story/tech/2021/04/16/dogecoin-price-surges-above-30-cents-big-week-cryptocurrency/7250615002/
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Summary

Dogecoin was inspired by the popular Doge meme, which offers the image of a Shiba Inu staring sideways at the camera with raised eyebrows, according to the website Know Your Meme.The surge in popularity for “memecoins” like Dogecoin follows a recent boom in retail trading during the coronavirus pandemic as more people worked online, spurring interest in “meme stocks” like GameStop.The videogame retailer took Wall Street by storm in January after a group of small-pocketed investors on Reddit sparked a historic short squeeze where they drove up the stock prices for shares like GameStop, AMC and several other stocks.Tech tips:5 new Windows 10 tricks you’ll wish you knew before nowReady for a rollable TV?:Consumers can 'inquire to buy' LG's OLED rollable TV in the USInterest in the cryptocurrency jumped in the past week as Coinbase, which started publicly trading in a blockbuster debut on the Nasdaq exchange on Wednesday, propelled further interest in digital assets.

As said here by https://www.usatoday.com/story/tech/2021/04/16/dogecoin-price-surges-above-30-cents-big-week-cryptocurrency/7250615002/