Ethereum nears US$4,000; Dogecoin recovering after SNL crash
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Ethereum has been flirting with the US$4,000 level over the weekend, just a week after soaring over US$3,000, while Dogecoin has been on a wild ride in the past 24 hours.
At 11am AEST, the ultimate meme coin was trading at US55.5c — down 15.9 per cent from 24 hours ago, but significantly up from the low of US44c it sunk to late yesterday in the hours after Elon Musk’s Saturday Night performance.
— Sadia 🚀 Doge (@sadiaslayy) May 9, 2021
During one skit the Telsa Motors CEO agreed the coin was a “hustle” but then pumped his fist and yelled, “to the mooooon!”
This morning, Musk seemed determined to send it there, posting a new tweet
SpaceX launching satellite Doge-1 to the moon next year
– Mission paid for in Doge
– 1st crypto in space
– 1st meme in space
To the mooooonnn!!https://t.co/xXfjGZVeUW
— Elon Musk (@elonmusk) May 9, 2021
Geometric Energy Corporation proudly announces the DOGE-1 Mission to the Moon — the first-ever commercial lunar payload in history paid entirely with DOGE — will launch aboard a SpaceX Falcon 9 rocket.https://t.co/V43VFLD6sp
— Geometric Energy Corporation (GEC) (@GeometricEnergy) May 9, 2021
Dogecoin jumped from US56c to 58c immediately after the tweet was issued, before settling back down before lunchtime.
— Tobias Goschenhofer (@tobg2511) May 9, 2021
Meanwhile Ethereum was changing hands at US$3,893 ($4,956), up 1.2 per cent from Sunday and 30.7 per cent from a week ago.
Yesterday evening it an all-time high of US$3,977 before retreating.
Let’s go $ETH ! I wanna see $4000 by Sunday morning so that I can open my fav champagne for brunch🍾
— Yusuke (@coinclubjapan) May 8, 2021
Bitcoin has been flat, trading at US$58,100 ($73,950) at 11am AEST on Monday, up just 0.3 per cent from yesterday and only 2.4 per cent from a week ago.
Other top 100 assets to hit an all-time high recently include Venus, Fantom, Telcoin, Litecoin, Chainlink, FTX Token, Huboi BTC, Binance Coin, Huobi Token and GateToken this morning; Cardano (ADA), Leo Token, STETH, Polygon (MATIC), cETH, Nexo and Horizen yesterday; and Tezos, Cosmos (ATOM), Amp and Decentraland on Saturday.