Much Wow! Dogecoin Is Now Larger Than Ford, Adidas, Lululemon, Roblox: 15 Companies Worth Less Than Meme Crypto

Meme cryptocurrency Dogecoin DOGE/USD is hovering in worth and valuation, up greater than 80% up to now week and setting new 52-week highs.

With the most recent push in valuation, Dogecoin handed the valuation of some well-known world corporations.

What Occurred: Dogecoin was created in 2013 by Jackson Palmer and Billy Markus, meant as a joke and as a satirical coin to mock Bitcoin BTC/USD.

Whereas Dogecoin trails Bitcoin in worth at $47.7 billion to $1.72 trillion based mostly on present market capitalizations, the accomplishments of accelerating that a lot in worth are not any laughing matter.

With its present market capitalization of $47.7 billion on the time of writing, Dogecoin would rank because the 428^th largest firm on this planet, in keeping with companiesmarketcap.com.

Here’s a have a look at some well-known corporations which can be price lower than Dogecoin is Monday:

• Occidental Petroleum OXY: $47.6 billion
• Volkwagen VWAGY: $46.3 billion
• Nasdaq NDAQ: $45.7 billion
• Keurig Dr Pepper KDP: $44.9 billion
• Ford Motor Firm F: $44.7 billion
• Heineken HEINY: $44.1 billion
• Kroger KR: $43.2 billion
• Adidas ADDYY: $42.5 billion
• Honda Motor Firm HMC: $42.5 billion
• Delta Air Strains DAL: $40.9 billion
• Kraft Heinz Firm KHC: $39.4 billion
• Lululemon Athletica LULU: $39.1 billion
• Yum! Manufacturers YUM: $38.2 billion
• 7-Eleven: $37.3 billion
• Roblox Company RBLX: $35.7 billion

There you could have it, 15 corporations you have doubtless heard of now price lower than Dogecoin. Years in the past, it was doubtless unimaginable that the joke cryptocurrency would turn into bigger than corporations like Ford and Adidas, however right here we’re.

Learn Additionally: Here’s How Much $100 In Dogecoin Today Could Be Worth If DOGE Hits New All-Time Highs

What’s Subsequent: The cryptocurrency sector has been having fun with a surge in valuation and curiosity because the 2024 election with Dogecoin removed from the one cryptocurrency buying and selling increased.

Bitcoin hit a number of new all-time highs on Monday and is at present buying and selling over $87,000.

Dogecoin hit a one-year excessive of $0.3278 on Monday and at present trades at $0.3251. Whereas the cryptocurrency is up over 100% within the final seven days, Dogecoin trades beneath its all-time excessive which was beforehand set again in Might 2021.

Dogecoin’s present all-time excessive stands at $0.7376, a degree reached on the identical day Elon Musk appeared on an episode of “Saturday Evening Reside” and gave the meme crypto a number of shout-outs.

Musk’s name to be in control of the Division of Authorities Effectivity, or D.O.G.E. underneath President-elect Donald Trump has elevated consideration on Dogecoin.

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Photograph: Executium by way of Unsplash