Dogecoin, a cryptocurrency created as a joke, is becoming more serious as its market cap grows. Dogecoin’s founder suggests the idea of a national Dogecoin reserve, which is not as crazy as it sounds. With a market cap of $1.8 trillion, Bitcoin now ranks as the seventh-biggest asset in the world.
Dogecoin, the sixth-biggest cryptocurrency, has a market cap of $55 billion. Dogecoin gained momentum after Elon Musk expressed his support for the virtual coin. Wall Street analysts believe an exchange-traded fund (ETF) for Dogecoin may be on the horizon.
