The Dogecoin (DOGE) cryptocurrency has surpassed the capitalization of more than 60% of the companies in the S&P 500 index, journalists of the Protos publication drew attention.
Over the past week, the price of DOGE has more than doubled, adding about 13% over the past day, to $0.36, according to Coinmarketcap at 19:20 (Moscow time). And the capitalization is about $52 billion. On November 12, the price rose to $0.43 at the moment. The previous time such a price level was observed in June 2021.
This level of capitalization of the first memcoin allows DOGE to surpass, for example, the energy giant American Electric Power ($50 billion), NASDAQ ($46 billion), Ford Motor Company ($45 billion) and the gaming company Electronic Arts ($42 billion) in this indicator.