Dogecoin is 12X More Valuable Than the Russian Ruble Widespread sanctions on Russia are currently taking a huge toll on the nation’s economy, as the value of the country’s official currency, the Ruble, has slumped significantly. Following the significant slump of the #russian #ruble, popular meme coin Dogecoin (DOGE) is nearly 13 times more valuable than the fiat currency. This is not the first time that the Russian Ruble has been overtaken by a crypto-related asset. Last month, #Bitcoin overtook the ruble to become the 14th largest currency in the world after the former recorded a market capitalization of $779.66 billion.