Cryptomania Hits Stocks and Exchanges as Record Investment Flows into

So far in 2021, investors have put in a record US$8.9 billion into crypto products—nearly 33% more than all of 2020’s crypto spending. Among the coins that grew in traction over the past year, (DOGE) has many in the market speculating how the coin will be spent freely in the real world. Early reports allege Tesla Inc. (NASDAQ:NASDAQ:) CEO Elon Musk is testing DOGE for payments, under a code-name ‘Shiba’. Meanwhile, AMC Entertainment (NYSE:) Holdings, Inc. (NYSE:AMC) has been quite open about wanting to accept DOGE at its theaters. These moves could open up a huge window stocks that provide a platform where users can gain access to DOGE exchanges such as Robinhood (NASDAQ:) Markets, Inc. (NASDAQ:HOOD) and Coinbase (NASDAQ:) Global, Inc. (NASDAQ:COIN), or the livestreaming platform Hello Pal International Inc. (CSE:HP (NYSE:)) (OTCQB:HLLPF), that gives exposure to Dogecoin mining.

Mining DOGE vs other bigger digital currency such as (BTC) or (ETH) continues to be a profitable mining venture.

Back in May, Hello Pal International Inc. (CSE:HP) (OTC:HLLPF) officially became the first listed company with primary exposure to mining Dogecoin.

The move has been a resounding success, as HP announced record quarterly revenue for the period ended August 31, 2021, while crypto mining accounted for more than 58% of the company’s gross profit of $2,488,454 in 2021 H1.

“Revenue increased 208% compared to the six months ended 2020 with minimal spending on advertising and user generation during that period,”
said KL Wong, Founder and Chairman of Hello Pal.

“With our acquisition of mining rigs, we anticipate that revenue and profit will continue in an upward trend for the balance of the fiscal year.”
Hello Pal’s platform currently gives users access to 12,500 mining rigs, with a combined hash rate of 6.25 TH/s. An online Dogecoin Mining Calculator forecasts this hash rate can mine 281,953.44891531 DOGE (+US$80k) per day.

Shanghai Yitang, Hello Pal’s partner in cryptocurrency mining, continues to help manage these mining operations to ensure the decentralized locations of the mining rigs across various green renewable energy mining sites.

“We are very pleased to see the progress we have made as a Company, and believe that the results are evident in the financial figures,”
added Wong.

“We are particularly excited in the continued internationalization of our business, as reflected in our expansion of livestreaming services outside China and the integration of cryptocurrency into our platform through our newly launched crypto-mining operations.”
Coinbase Global , Inc. (NASDAQ:COIN) is currently the easiest way to buy and sell cryptocurrency, including DOGE. In mid-November, Coinbase CFO Alesia Haas is set to participate in a fireside chat at the 2021 FinTech Conference on November 15th.

COIN saw its stock rise by 40.4% in October. With…