The so-called meme coin hit a peak of $0.63 in May last year, but macro gloom and investor apathy to risky markets have since crushed it along with other prominent crypto assets such as bitcoin and ether. 'There's a lot of speculation that Twitter will provide a test bed for doge adoption and experimentation for different uses,' Dibb added.ĭogecoin has since lost some of its gains and is hovering at about $0.12, which makes it the eight-biggest cryptocurrency, with a market cap of around $16 billion, according to CoinGecko. His tweets expressing support for the coin, including one calling it the 'people's crypto', helped its price come from almost nowhere to surge about 4,000% in 2021.Ĭrypto watchers said the latest price jump, following the Twitter deal, was fuelled by investor bets that Musk would make doge a part of the platform's payments system. Musk has indeed played a big role in the rise of dogecoin since its lighthearted launch by two software engineers in 2013. 'Trading dogecoin around Elon tweets has become a lucrative form of speculation,' said Matthew Dibb, chief operating officer of Singapore-based crypto investment manager Stack Funds. Not bad for a coin that was created as a 'joke' satirizing wild speculation in the crypto market and named after an internet meme of a Shiba Inu dog. That may not sound like much, but it gave the highly volatile cryptocurrency a market value of $21 billion, according to data platform CoinGecko. 27 before Musk tweeted 'the bird is freed' to announce his ownership. Elon Musk's acquisition of Twitter has put fresh wind in the sails of dogecoin, the meme cryptocurrency he catapulted to fame.ĭogecoin's price doubled after the Tesla tycoon completed the $44 billion deal. Notes - Details any special features of an industry.SINGAPORE (Reuters) - It's no joke.

Industry Profits are also impacted by Industry Cost. Relative Profitabililty - A hidden modifier that affects how profitable a certain industry is relative to others.

Industry Cost - The cost for a company to purchase this industry as an industry investment.

This can change throughout the game depending on the year.

Supplied and Demanded Cargos - A brief description of the cargos produced, converted and accepted by the industry.

Industries placed in the editor ignore this.

Introduction Year - This is the first year in which the industry can appear on any given map if enabled.

Here is an explanation for each of the columns: The following list shows all of the industries that are present in the game Railroad Tycoon II. Railroad Tycoon II: The Second Century added a further 11, listed at the bottom. The original game contained 38 industries.

Plant tycoon chart