Good Doge!

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Who would have ever thought that a goofy alt-coin project that took its inventor three hours to make would do this? Dogecoin ($DOGE in SlopeCharts, as well as CryptoStream) is now a $45 billion thing. Insanity. Pure insanity. (Having hit 45 cents on Friday, Doge is most likely to unwind a lot of those gains, because the ascent was just madcap frenzy).

slopechart DOGE

You can see the well-formed saucer pattern preceding the liftoff. The volume has exploded recently, thanks to Elon Musk’s endless heralding of this thing.

slopechart DOGE

We have gone collectively insane. Well, at least the mascot is a dog. So we’ve got that going for us.