Day after Dogeday: investors in Dogecoin feel the pain after the cryptocurrency flops

Yesterday was two unofficial holidays people had high hopes for. It was Pot Day (4/20, everyone) and Dogeday. Pot Day went off as expected: People got high and had access to some good deals on munchies. But Dogeday? Woof—it was pretty bad.

But just what was Dogeday? It was a holiday orchestrated by cryptocurrency speculators who wanted to pump the Dogecoin (DOGE) up in value. Their goal was to see DOGE hit $1 by the end of the day. That would have been more than doubling the $0.42 price of a Dogecoin on Monday.


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