Dogecoin Outpaces Porsche, $160 Turns to $5.6M, and More in Hodler’s Digest

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Dogecoin has surpassed the market capitalization of luxury automaker Porsche, a Solana-based memecoin trader turned a $160 investment into millions, and other news.

Dogecoin flips Porsche market cap as DOGE ETP, Musk drive rally

Dogecoin has surpassed the market capitalization of luxury automaker Porsche, driven by endorsements from Elon Musk and the potential launch of an exchange-traded product for the memecoin.

Dogecoin has risen 175% during the past month to a $57.8 billion market capitalization, surpassing Porsche’s $56.1 billion market cap, as of 8:34 am UTC on Nov. 27, Cointelegraph data showed.


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