Dogecoin has become so popular, even Congressmen are getting into the game:
U.S. Rep. Mark Green purchased Dogecoin on April 1 and April 14 according to Congresstrading.com. The purchases were in the amount of $1,001 to $15,000 on each occasion.
A $1,000 purchase each time would now be worth $17,078 based on today’s price of $0.4009. A $15,000 purchase each time would now be worth $127,985.
As cryptocurrencies including dogecoin become increasingly mainstream, with more investors holding them and more companies accepting them as payment, it will become harder and harder for the government to ban or even regulate them. Congressmen won’t want to hurt their own portfolios, nor those of their wealthy contributors.
For more on dogecoin, check out these posts:
- You Can Now Buy a Rolls Royce with Dogecoin
- Bots Are Pumping GameStop And Dogecoin
- Who Is the Secret Dogecoin Billionaire?
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