The latest on the line of top people who have shown interest in Dogecoin is Changpeng “CZ” Zhao, a Chinese-Canadian entrepreneur and CEO of leading cryptocurrency exchange Binance. Zhao had mentioned his surprise at the cryptocurrency's performance after the coin recently rose to an all-time high of $ 0,69 - reaching another ATH on the second consecutive day - indicating that DOGE is among some of the cryptocurrencies he loves.
Even with his newfound love of canine-themed cryptocurrency, Zhao has indicated that he doesn't have the coin in his wallet.
However, it is not out of place to assume that it can add the digital asset to its portfolio, especially seeing its recent aggressive rally, which currently ranks 4th in terms of market value.
Zhao owns a roughly 30% stake in Binance - the world's largest cryptocurrency exchange by trading volume - and is ranked by Forbes as one of the top cryptocurrency billionaires in 2021 with a net worth of $ 1,9 billion. .
While computer geeks and IT engineers worked hard on cryptocurrency projects and envisioned a future where their jobs climb to the top of the chain, Billy Markus and Jackson Palmer - the creators of Dogecoin - had nothing to do with those aspirations. when they decided to work on the canine-themed cryptocurrency project.
The digital asset that started as a joke in December 2013 - a comic parody of Bitcoin - has since worked its way to becoming one of the best cryptocurrencies in the world, massively surpassing 14.000% since the start of 2021.
With Musk's relentless PR and interest shown by the likes of famous people such as Snoop Dogg, Soulja Boy, Mark Cuban, Jake Paul among others; Dogecoin has surpassed what its creators expected and now appears to actually be "going to the moon" with a trading volume of over $ 25 billion at the time of publication.
Edward Moya, market analyst at Oando, attributed Doge's recent rally to the purchases of many traders who would not want to miss a price hike influenced by Musk's tweets.
Although Musk has not disclosed how much DOGE he owns, the Doge community is certain that he holds a significant amount of the coin in his wallet. Recall that the billionaire revealed that he bought some Dogecoin for his baby X Æ A-XII some time ago.
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