NEW YORK - Dogecoin, the digital currency advertised as the one "favored by Shiba Inus worldwide," is having its day.Fans of the cryptocurrency are touting April 20, long an unofficial holiday for marijuana devotees, as "Doge Day" and imploring each other to get its value up to $1.
That may not sound like much, particularly when compared against the $50,000 or $60,000 that a bitcoin is worth, depending on the day.
But it would be an astonishing ascent from the roughly half of a cent that a Dogecoin was fetching at the start of the year.Dogecoin, which is pronounced dohj-coin, has already leaped to roughly 39 cents, up more than 8,000% for 2021 so far.