> Dogecoin is at $0.60. ... That’s really all you need to know about it.
I have a rock based currency worth 1$ per rockcoin. Not anything impressive about that at all.
What is impressive about Dogecoin currently isn't the exchange rate, it's the $78 Billion market cap and the fact that the market has liquidity at that market cap. The unit price of something you can almost arbitrarily subdivide isn't really worthwhile mentioning on it's own. Without additional information, it might just be another rockcoin isolated with a hypothetical or low total value.
I have a rock based currency worth 1$ per rockcoin. Not anything impressive about that at all.
What is impressive about Dogecoin currently isn't the exchange rate, it's the $78 Billion market cap and the fact that the market has liquidity at that market cap. The unit price of something you can almost arbitrarily subdivide isn't really worthwhile mentioning on it's own. Without additional information, it might just be another rockcoin isolated with a hypothetical or low total value.