DOGE Dashes Ahead of Adidas in Market Cap Race 🐕💨
#DOGE #Cryptocurrency #MarketCap #Adidas #CryptoNews
aslam mu alakum, and hello every one how are you , hope you all will be happy and fine.
Today’s big news is that Dogecoin ($DOGE) has passed Adidas in market capitalization. This means the value of all Dogecoin coins together is now more than the total value of Adidas company (CoinStats, X (formerly Twitter), Benzinga).
This is surprising, because Adidas is a huge brand in the sports world. When a meme crypto like Dogecoin overtakes such a famous company, it shows how much attention crypto is getting now.
For the crypto market, this news can bring more interest. People may see that even fun coins can grow big in value. This may make more people curious to learn about or buy cryptocurrencies. Also, some investors may think crypto is becoming more real and strong, not just a joke.
But it is also good to remind: market cap is just price times number of coins. It can move fast up or down with hype or changes in the market. It does not always mean deep or lasting value.
In short, Dogecoin beating Adidas is wow moment in crypto world. It shows how even playful digital assets are now in big league of global brands at least for now.
thank you so much
Allah hafiz