It is what it is

Here's what's new in meme cryptocurrencies:

It is what it is

Doge is up 8% in the past 24 hours to 0.411077. It was a 48-cents before this week's crypto rout.

Meanwhile, Fed Chair Jerome Powell said the Federal Reserve will issue a report in the summer on a US digital currency. He said it's important for any central bank digital currency to complement, not replace, cash and bank deposits.