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Millions of people learn about cryptocurrencies such as Bitcoin through TikTok. Cryptocurrencies enthusiast James Galante has launched a short video in TikTok titled "Let's All Get Rich" recommending that everyone invest $25 in Dogecoin to push the price of Dogecoin up to one dollar, sparking a Dogecoin craze that has once again swept the cryptocurrencies market; Square launched a cryptocurrencies marketing campaign on TikTok and became one of the most popular mobile payment apps in the U.S. with the hashtag "cashappthatmoney";

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Recall that Elon Musk had deliberately declared himself chief executive of Dogecoin in the past, when the chief executive of Tesla edited his profile to reflect that he was chief executive of Dogecoin, but soon after, he claimed to have retired.

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Three Bank of America executives confirmed the bank's partnership with Ripple in a podcast. Bank of America has been a member of RippleNet's committee, which oversees the network's standards, since 2016. Julie Harris, Head of Digital Strategy at Bank of America Global, commented, "Ripple is our partner and has passed all of our stringent legal and compliance requirements, and we will be able to leverage Bank of America as a platform to provide such services to our customers." "

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As cryptocurrencies have changed with each passing day, Dogecoin has become popular, and over the years it has developed many unique features. There are three main reasons why Dogecoin is so popular around the world.