Share this article
Dogecoin No Longer Pup After Tripling Past $50B, Exceeding UK Bank Barclays
DOGE now has a market value of more than $50 billion, surpassing the giant U.K. bank Barclays after tripling in price.
Updated Sep 14, 2021, 12:41 p.m. Published Apr 16, 2021, 1:58 p.m.
Dogecoin (DOGE), the popular cryptocurrency created as a joke in 2013, now has a market cap of $52 billion after tripling in the past 24 hours.
STORY CONTINUES BELOW
Don't miss another story.Subscribe to the Crypto Daybook Americas Newsletter today. See all newsletters
That’s bigger than several major banks such as Barclays, which has a market cap of $44 billion.
- For comparison, Lloyds Banking Group has a market cap of $42 billion, Bank of New York is at $42 billion and Credit Agricole is at $43 billion.
- DOGE has rallied nearly 160% in the past 24 hours and is trading around $0.37 at press time. It's climbed sixfold over the past week.
- DOGE’s market cap has also surpassed bitcoin cash (BCH) and chainlink (LINK) and is now ranked as the fifth-most valuable cryptocurrency, according to Messari.
- On Thursday, the smoked meat stick vendor Slim Jim gave Dogecoin a shout-out on its earnings call after several DOGE snack memes populated social media.
- DOGE trading volume is now higher than ETH at roughly $60 billion in past 24 hours versus $43 billion, respectively.
It's important to note the market capitalization of DOGE is based on an assumed number of outstanding tokens, but many of them are presumed to be no longer in circulation.
Read More: Why We Should Take Dogecoin Seriously
Back in 2013, $16,000 worth of dogecoins vanished when a storage service wallet was hacked. The incident resulted in over 30 million missing coins, according to CNET.
More For You
L1 tokens broadly underperformed in 2025 despite a backdrop of regulatory and institutional wins. Explore the key trends defining ten major blockchains below.
What to know:
2025 was defined by a stark divergence: structural progress collided with stagnant price action. Institutional milestones were reached and TVL increased across most major ecosystems, yet the majority of large-cap Layer-1 tokens finished the year with negative or flat returns.
This report analyzes the structural decoupling between network usage and token performance. We examine 10 major blockchain ecosystems, exploring protocol versus application revenues, key ecosystem narratives, mechanics driving institutional adoption, and the trends to watch as we head into 2026.
More For You
Bitcoin will be 'top performer' in 2026 after getting crushed this year, says VanEck
VanEck's David Schassler expects gold and bitcoin to rebound sharply as investor demand for hard assets is expected to rise.
What to know:
- Bitcoin has underperformed compared to gold and the Nasdaq 100 this year, but a VanEck manager predicts a strong comeback in 2026.
- David Schassler, the firm's head of multi-asset solutions, expects gold's surge to continue to $5,000 next year as fiscal "debasement" accelerates.
- Bitcoin will likely follow gold’s breakout, driven by returning liquidity and long-term demand for scarce assets.
Top Stories
