September 20, 2022
The original memecoin, Dogecoin, beat Palkadot to become the 10th biggest cryptocurrency in terms of market capitalization today.
Currently, the market valuation gap between DOGE and DOT is around $2.3 billion.
Dogecoin is currently trading at $0.05815, nearly 2.8% in the last 24 hours.
The meme-based cryptocurrency became the second-largest Proof of Work cryptocurrency after bitcoin.
Currently, Doge miners add 14.4 million coins every day to the coin's supply, worth around $841,824 based on the coin's current price.
Unlike Bitcoin, which has a finite cap of 21 million BTCs, Dogecoin has no cap.
Short term prediction for the original meme cryptocurrency is bullish as analysts expect a 30% rise.