Dogecoin Creator Sold All His Coins in 2015 To Buy a Used Honda Civic in 2015; Doge Now Has a Bigger Market Cap Than Honda Motor

Dogecoin Creator Sold All His Coins in 2015 To Buy a Used Honda Civic in 2015; Doge Now Has a Bigger Market Cap Than Honda Motor
Published on May 04, 2021 at 05:57PM
Dogecoin, which hit an all-time high near the 45-cent level on Monday night, has now surpassed automaker Honda Motor in terms of market capitalization. From a report: The joke cryptocurrency has risen 10.8% in the past 24 hours to $0.4245 at press time, giving it a market capitalization of $54.64 billion. In comparison, Honda has a market capitalization of $54.52 billion as per Monday’s close. The event is significant as Dogecoin co-creator Billy Markus recently revealed that he sold off his entire cryptocurrency holdings in 2015 for an amount equivalent to what a used Honda Civic would cost at that time.

Read more of this story at Slashdot.

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Håkan Dahlström
I am Håkan Dahlström, a photographer living in Malmö, Sweden.
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