The cryptocurrency market is seeing yet another turbulent day, amid Elon Musk tweets and rising valuations.
After bitcoin recovered some of the losses it has suffered in recent weeks, its price was mostly flat, though still volatile. The same was true in other big cryptocurrencies, with ethereum (ether) the only major one making gains.
But much of the focus is on Dogecoin, after another cryptic tweet from Elon Musk. He referred to himself as the “Dogefather” in a post, and referenced his appearance on SNL next month – while it wasn’t clear what he had planned, it was enough to push the price up almost 20 per cent.
How to actually buy dogecoin?
Despite dogecoin’s massive gains in recent months – boosted again by Elon Musk’s tweet today – it’s still relatively difficult to actually buy the meme-inspired cryptocurrency.
Major exchanges and trading platforms like Coinbase, Robinhood and eToro still don’t offer it to their customers, meaning millions are missing out on the opportunity to invest – no matter how risky that might be.
With hopes among some dogecoin enthusiasts that the cryptocurrency could triple in price and hit $1 this year, many are trying to figure out how they can actually buy some.
We’ve take a look at why this is, and what options are out there. You can read all about it here:
Why is dogecoin so hard to buy?
Elon Musk hopes it will become the ‘currency of the internet’ but Coinbase, eToro and other major platforms still don’t list it
Anthony Cuthbertson28 April 2021 18:27
Dogecoin price continues to fluctuate
Here’s a chart that shows how Dogecoin’s price has fluctuated – alongside search interest.
Andrew Griffin28 April 2021 13:55
Bitcoin is following model ‘with astonishing precision’
Here’s everything you need to know.
Andrew Griffin28 April 2021 13:07
How Dogecoin went from joke to the one of the world’s most valuable cryptocurrencies
Here’s our Anthony Cuthbertson on where Dogecoin came from – and where it might be going.
What’s going on with Dogecoin?
Andrew Griffin28 April 2021 11:36
Andrew Griffin28 April 2021 11:35
Hello and welcome
… toThe Independent’s live coverage of the cryptocurrency market, as the bitcoin recovers some of its lost value and Dogecoin surges off the back of a cryptic Elon Musk tweet.
Andrew Griffin28 April 2021 10:51