Meme-based cryptocurrency&nbsp;Dogecoin&nbsp;fell on Tuesday after hitting an all-time high in a wild session that saw supporters of the token once considered a parody use hashtags to fuel a rally until it lost steam.

Dogecoin&nbsp;ultimately fell 15.4 per cent&nbsp;to US$0.33, but during the session when it hit a record peak, its market capitalisation soared to more than $50 billion. After the slump, its market cap dropped roughly $45 billion, according to coinmarketcap.com.

By comparison, the wildly popular bitcoin has a market cap of more than $1 trillion.

Dogecoin&nbsp;fans used the hashtags #DogeDay and #DogeDay420 to post memes, messages and videos on Twitter, Reddit and TikTok, referring to the informal April 20 holiday to celebrate cannabis which is marked by smoke-ins and street parties.

"GIMME THAT&nbsp;DOGECOIN&nbsp;LAMBO!!! #DogeDay" one tweeted, referring to the Lamborghini sports car popular in crypto culture.

An 8,000% price increase this year has seen&nbsp;Dogecoin, launched as a satirical critique of 2013's cryptocurrency frenzy, overtake more widely-used cryptocurrencies like Litecoin and briefly Tether, to become the sixth-largest coin.

"The current retail fervor probably won't completely give up on&nbsp;Dogecoin," said Edward Moya, senior market analyst at online FX trading platform OANDA, but he did anticipate the "sell the event reaction" for the cryptocurrency.

Dogecoin's logo features a Shiba Inu dog at the center of the meme. It can be traded on crypto exchanges and more popular mainstream trading apps.

"The Doge rally represents an interesting convergence," said Diana Biggs, CEO of crypto start-up Valour, after&nbsp;Dogecoin's price soared by more than five-fold in the last week to a record $0.42, according to CoinMarketCap.

"A meme coin created as a joke for early crypto adopters whose community found that kind of thing to be fun, with now a new generation of retail investors for whom memes are a native language," Biggs added.

Online trading

Dogecoin's rise came during a surge in online trading of stocks and crypto by retail investors, stuck at home with extra cash because of the COVID-19 pandemic. The coin has not seen much growth in usage for payments or in commerce.

A boom in usage of online trading apps like Robinhood also fueled the social-media driven rally in GameStop Corp stock this year, which pitted retail investors against hedge funds.

"It's an extension of the same phenomenon that has led Tesla stock to be valued well beyond fundamentals and more recently to the GME (GameStop) short squeeze," said Ajit Tripathi, head of institutional business at decentralised finance startup Aave.

Like other cryptocurrencies,&nbsp;Dogecoin's price is heavily influenced by social media users including Tesla chief Elon Musk, whose tweets on the cryptocurrency in February sent its price soaring over 60 per cent.

Dogecoin&nbsp;currently has a 16.7&nbsp;per cent&nbsp;implied probability to be worth more than $1 at the end of 2021, according to betting aggregators US-Bookies.com, a significant improvement from earlier this month, when it had just a 2.9&nbsp;per cent&nbsp;chance to do so.

(With inputs from agencies)

Meme-based cryptocurrency Dogecoin fell on Tuesday after hitting an all-time high in a wild session that saw supporters of the token once considered a parody use hashtags to fuel a rally until it lost steam.

Meme-based cryptocurrency Dogecoin fell on Tuesday after hitting an all-time high in a wild session that saw supporters of the token once considered a parody use hashtags to fuel a rally until it lost steam. Dogecoin ultimately fell 15.4 per cent to US$0.33, but during the session when it hit a record peak, its market capitalisation soared to more than $50 billion. After the slump, its market cap dropped roughly $45 billion, according to coinmarketcap.com. By comparison, the wildly popular bitcoin has a market cap of more than $1 trillion. Dogecoin fans used the hashtags #DogeDay and #DogeDay420 to post memes, messages and videos on Twitter, Reddit and TikTok, referring to the informal April 20 holiday to celebrate cannabis which is marked by smoke-ins and street parties. "GIMME THAT DOGECOIN LAMBO!!! #DogeDay" one tweeted, referring to the Lamborghini sports car popular in crypto culture. An 8,000% price increase this year has seen Dogecoin, launched as a satirical critique of 2013's cryptocurrency frenzy, overtake more widely-used cryptocurrencies like Litecoin and briefly Tether, to become the sixth-largest coin. "The current retail fervor probably won't completely give up on Dogecoin," said Edward Moya, senior market analyst at online FX trading platform OANDA, but he did anticipate the "sell the event reaction" for the cryptocurrency. Dogecoin's logo features a Shiba Inu dog at the center of the meme. It can be traded on crypto exchanges and more popular mainstream trading apps. "The Doge rally represents an interesting convergence," said Diana Biggs, CEO of crypto start-up Valour, after Dogecoin's price soared by more than five-fold in the last week to a record $0.42, according to CoinMarketCap. "A meme coin created as a joke for early crypto adopters whose community found that kind of thing to be fun, with now a new generation of retail investors for whom memes are a native language," Biggs added. Online trading Dogecoin's rise came during a surge in online trading of stocks and crypto by retail investors, stuck at home with extra cash because of the COVID-19 pandemic. The coin has not seen much growth in usage for payments or in commerce. A boom in usage of online trading apps like Robinhood also fueled the social-media driven rally in GameStop Corp stock this year, which pitted retail investors against hedge funds. "It's an extension of the same phenomenon that has led Tesla stock to be valued well beyond fundamentals and more recently to the GME (GameStop) short squeeze," said Ajit Tripathi, head of institutional business at decentralised finance startup Aave. Like other cryptocurrencies, Dogecoin's price is heavily influenced by social media users including Tesla chief Elon Musk, whose tweets on the cryptocurrency in February sent its price soaring over 60 per cent. Dogecoin currently has a 16.7 per cent implied probability to be worth more than $1 at the end of 2021, according to betting aggregators US-Bookies.com, a significant improvement from earlier this month, when it had just a 2.9 per cent chance to do so. (With inputs from agencies)

Salman Khan files appeal in Bombay HC for restraining order against Panvel neighbour

A Jodhpur court will pronounce its judgment Thursday in the 1998 blackbuck poaching case involving Bollywood actors Salman Khan, Saif Ali Khan, Sonali Bendre, Tabu and Neelam Kothari.&nbsp;

With almost Rs 500 crores riding on Salman Khan, it is a crucial case for the megastar. He has Race 3, Bharat and Dabbang 3 in the pipeline. He will also be hosting TV show Das ka Dum along with endorsements of at least 10 brands. If he is convicted, he could face up to six years in prison, which could affect his ongoing and future projects.&nbsp;

According to the case, Salman Khan is accused of killing two blackbucks in Bhagoda ki Dhani in Kankani village near Jodhpur on the night of October 1, 1998 -- during the shooting of their film Hum Saath Saath Hain. He is currently facing charges under Section 51 of the Wildlife (Protection) Act. It is the last standing case against Salman Khan.&nbsp;

As the other actors were present with him during the act, they have also been charged under Section 51 of the Wildlife (Protection) Act.&nbsp;

The <a href="http://www.wionews.com/india-news/blackbuck-poaching-case-verdict-on-salman-saif-tabu-expected-tomorrow-128300">actors reached Jodhpur on Wednesday</a> separately -- Salman Khan with sisters Alvira Agnihotri and Arpita Khan while Saif Ali Khan, Sonali Bendre, Tabu and Neelam Kothari were spotted exiting the airport sans company.&nbsp;

<img alt="salman black buck_0.jpg" data-entity-type="" data-entity-uuid="" height="450" src="https://images.wionews.com/iniline-images/salman%20black%20buck_0.jpg" width="770" />

All actors looked grim as Saif Ali Khan was seen talking roughly with his driver yesterday while exiting the Jodhpur airport on arrival. He said, “Sheesha upar karo aur reverse kar lo warna padegi ek” (meaning rollup the windows and reverse the car or else you’ll get one).&nbsp;

Watch the video:&nbsp;

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<blockquote class="twitter-tweet" data-lang="en">
<a href="https://twitter.com/hashtag/WATCH?src=hash&ref_src=twsrc%5Etfw">#WATCH</a>: Actor Saif Ali Khan outside Jodhpur Airport says 'sheehsa upar karo aur reverse kar lo warna padegi ek' to his driver when he was being asked questions by reporters. Jodhpur Court will deliver verdict in blackbuck poaching case tomorrow. <a href="https://t.co/n6AYIcHgY8">pic.twitter.com/n6AYIcHgY8</a>
— ANI (@ANI) <a href="https://twitter.com/ANI/status/981481605586935808?ref_src=twsrc%5Etfw">April 4, 2018</a></blockquote>
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It was also reported that a fan misbehaved with Tabu as she arrived in Jodhpur. She was visibly shaken with the incident even though security came to her rescue within minutes.&nbsp; 
&nbsp;

Salman Khan, Saif Ali Khan, Tabu, Sonali Bendre and Neelam Kothari have been charged under Section 51 of the Wildlife (Protection) Act for killing two blackbucks while shooting for their film Hum Saath Saath Hain.

A Jodhpur court will pronounce its judgment Thursday in the 1998 blackbuck poaching case involving Bollywood actors Salman Khan, Saif Ali Khan, Sonali Bendre, Tabu and Neelam Kothari. With almost Rs 500 crores riding on Salman Khan, it is a crucial case for the megastar. He has Race 3, Bharat and Dabbang 3 in the pipeline. He will also be hosting TV show Das ka Dum along with endorsements of at least 10 brands. If he is convicted, he could face up to six years in prison, which could affect his ongoing and future projects. According to the case, Salman Khan is accused of killing two blackbucks in Bhagoda ki Dhani in Kankani village near Jodhpur on the night of October 1, 1998 -- during the shooting of their film Hum Saath Saath Hain. He is currently facing charges under Section 51 of the Wildlife (Protection) Act. It is the last standing case against Salman Khan. As the other actors were present with him during the act, they have also been charged under Section 51 of the Wildlife (Protection) Act. The actors reached Jodhpur on Wednesday separately -- Salman Khan with sisters Alvira Agnihotri and Arpita Khan while Saif Ali Khan, Sonali Bendre, Tabu and Neelam Kothari were spotted exiting the airport sans company. All actors looked grim as Saif Ali Khan was seen talking roughly with his driver yesterday while exiting the Jodhpur airport on arrival. He said, “Sheesha upar karo aur reverse kar lo warna padegi ek” (meaning rollup the windows and reverse the car or else you’ll get one). Watch the video: #WATCH: Actor Saif Ali Khan outside Jodhpur Airport says 'sheehsa upar karo aur reverse kar lo warna padegi ek' to his driver when he was being asked questions by reporters. Jodhpur Court will deliver verdict in blackbuck poaching case tomorrow. pic.twitter.com/n6AYIcHgY8 — ANI (@ANI) April 4, 2018 × It was also reported that a fan misbehaved with Tabu as she arrived in Jodhpur. She was visibly shaken with the incident even though security came to her rescue within minutes.

D-Day for Salman Khan, 4 others in blackbuck poaching case

October 1, 1998: Almost 20 years ago,&nbsp;Salman Khan&nbsp;along with&nbsp;Saif Ali Khan, Tabu, Sonali Bendre and Neelam&nbsp;were charged with the poaching of blackbucks, an endangered species protected under Wildlife Protection Act near Kankani village, Jodhpur, Rajasthan.

Salman Khan was in Rajasthan along with his co-stars for the shooting of the film&nbsp;Hum Saath Saath Hain.

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October 2, 1998:&nbsp;Bishnoi community filed a complaint against the actor.

&nbsp;

October 12, 1998:&nbsp;Salman Khan arrested for the poaching of endangered species. Later, granted bail.

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April 10, 2006:&nbsp;Salman Khan convicted by a trial court under Wildlife Protection Act. Khan was sentenced to 5 years of imprisonment along with a fine.

&nbsp;

August 31, 2007:&nbsp;Rajasthan High Court sentenced Salman Khan 5 years in prison. Khan was kept in Jodhpur Central Jail for a week.&nbsp;

&nbsp;

After Salman Khan's appeal, Rajasthan High Court suspended the sentence. The court also dropped charges under the Arms Act against the Bollywood star.July 24, 2012:&nbsp;A bench of Rajasthan High Court finalised charges against the accused in the poaching case.

<a href="Also see: Meet the Bishnois: The community which kept the case going for the ">Also see: Meet the Bishnois: The community which kept the case going for 20 years</a>

 
July 9, 2014:&nbsp;Supreme Court challenged Rajasthan High Court's decision of Salman's Conviction and issued a notice.

&nbsp;

July 25, 2016:&nbsp;Rajasthan High Court acquitted Salman in Jodhpur case. The High Court acquitted the actor saying there was no proof that the animals who were&nbsp;found dead were killed by Salman's gun.

&nbsp;

October 19, 2016:&nbsp;The Rajasthan government filed a plea in Supreme Court against Rajasthan High Court's rule, which acquitted Salman in two cases of chinkara and blackbuck poaching.

&nbsp;

November 11, 2016:&nbsp;After Rajasthan government's plea, Supreme Court fast-tracked hearing in two cases of blackbuck and chinkara poaching.

&nbsp;

January 18, 2017:&nbsp;Salman Khan acquitted in Arms Act case by Jodhpur High Court.

&nbsp;

April 5, 2018:&nbsp;Salman Khan found guilty in the blackbuck poaching case. Other actors accused in the case including Saif Ali Khan, Tabu, Neelam and Sonali Bendre have been acquitted.

&nbsp;

Salman Khan was in Rajasthan along with his co-stars for the shooting of the film Hum Saath Saath Hain

October 1, 1998: Almost 20 years ago, Salman Khan along with Saif Ali Khan, Tabu, Sonali Bendre and Neelam were charged with the poaching of blackbucks, an endangered species protected under Wildlife Protection Act near Kankani village, Jodhpur, Rajasthan. Salman Khan was in Rajasthan along with his co-stars for the shooting of the film Hum Saath Saath Hain. × October 2, 1998: Bishnoi community filed a complaint against the actor. October 12, 1998: Salman Khan arrested for the poaching of endangered species. Later, granted bail. April 10, 2006: Salman Khan convicted by a trial court under Wildlife Protection Act. Khan was sentenced to 5 years of imprisonment along with a fine. August 31, 2007: Rajasthan High Court sentenced Salman Khan 5 years in prison. Khan was kept in Jodhpur Central Jail for a week. After Salman Khan's appeal, Rajasthan High Court suspended the sentence. The court also dropped charges under the Arms Act against the Bollywood star.July 24, 2012: A bench of Rajasthan High Court finalised charges against the accused in the poaching case. Also see: Meet the Bishnois: The community which kept the case going for 20 years July 9, 2014: Supreme Court challenged Rajasthan High Court's decision of Salman's Conviction and issued a notice. July 25, 2016: Rajasthan High Court acquitted Salman in Jodhpur case. The High Court acquitted the actor saying there was no proof that the animals who were found dead were killed by Salman's gun. October 19, 2016: The Rajasthan government filed a plea in Supreme Court against Rajasthan High Court's rule, which acquitted Salman in two cases of chinkara and blackbuck poaching. November 11, 2016: After Rajasthan government's plea, Supreme Court fast-tracked hearing in two cases of blackbuck and chinkara poaching. January 18, 2017: Salman Khan acquitted in Arms Act case by Jodhpur High Court. April 5, 2018: Salman Khan found guilty in the blackbuck poaching case. Other actors accused in the case including Saif Ali Khan, Tabu, Neelam and Sonali Bendre have been acquitted.

Blackbuck case timeline: Salman Khan gets convicted, others acquitted

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Salman Khan files appeal in Bombay HC for restraining order against Panvel neighbour

D-Day for Salman Khan, 4 others in blackbuck poaching case

Blackbuck case timeline: Salman Khan gets convicted, others acquitted