Dogecoin all-time high $0,48, S&P Shows Crypto Indexes, Waves Up 52%
Although crypto has seen a small selloff in the past few hours (Bitcoin is down 4% at the time of writing), it has mostly known another good start of the week.
Ether has hit a fresh all time high of $3,400 and is currently trading just shy of that level. Meanwhile in the broader altcoin market Dogecoin continues to climb and reached a new all-time high.
Waves is today’s winner and is trading 52% higher than yesterday. The coin is up 433.12% in 2021.
Dogecoin all-time high
The most popular memecoin DOGE was surging overnight again and is currently up 25%. It reached a new all-time high of 48 cents.
Another major online platform, this time eToro, will offer DOGE for trading. eToro has some 20 million users worldwide and the price of DOGE could be seen rising on the news again. It comes as people are counting down until 8 May when Tesla CEO Elon Musk will host Saturday Night Live and everyone hopes he’ll do a sketch on crypto.
i feel like an addict checking #dogecoin price every 30 seconds 😭😭— DogeCoin Chairwoman (@ChairwomanDoge) May 3, 2021
i’m not the only one, right?
Musk is the best known supporter of Dogecoin. Just a week ago he referred to himself as The Dogefather.
S&P Shows Crypto Indexes
The S&P company, which controls the US’s most reliable stock market index, the S&P500, has now officially launched crypto indexes as well, which will allow it to compete closer with Bloomberg.
Thanks to this news, crypto will have more visibility on Wall Street again.
Ray McConville, who works as a spokesman for the company explained that when:
Comparing the two indices, we can see that bitcoin YTD (year to date) has grown 95.67% in value vs. ETH, which has grown 273.72% in value YTD. The actual index value isn’t so much as important as the change in that index value over time.