Today is the national holiday of Doge. The meme crypto that is now worth more than Ford Motor Company.
Fans of the meme-inspired cryptocurrency dogecoin are planning to push its price to new heights on Tuesday in celebration of the cannabis-themed holiday 4/20 (20 April).
The #DogeDay420 campaign has been trending across Twitter and Reddit as crypto and meme enthusiasts hope to send dogecoin’s price to a record high of 69 cents.
Dogecoin is currently trading just a few cents off its all-time high of $0.43, which it hit on Friday following an astonishing price surge.
The market rally pushed dogecoin’s overall value above $50 billion, ranking it among the top five most valuable cryptocurrencies in the world.
Less than a year ago, one dogecoin was worth just two tenths of a cent and its market cap was less than a quarter of a billion dollars.