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Elon Musk favourite Dogecoin rockets nearly 200% as Robinhood denies restricting trade – Yahoo Finance Australia

The cryptocurrency, which first started up as a joke in 2013, now has a market cap of more than $50bn.

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Dogecoin takes its name and logo from the Shiba Inu dog in the doge meme that became popular on the internet that same year. Photo: Yuriko Nakao/Getty Images
Dogecoin (DOGE-USD) has soared almost 200% to a new-all time high of $0.3922 (£0.28), riding a broader wave of interest in cryptocurrencies that has been cresting in recent days.
The cryptocurrency, which first started up as a joke in 2013, now has a market cap of more than $50bn thanks to the recent surge. 
It puts the coin in the top 10 most…

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