Dogecoin army is growing bigger and bigger with every passing day. Snoop Dogg and Gene simons along with Elon Musk are now tweeting about DOGE.
Dogecoin pump has been single-handedly started by Elon Musk in this week. However, there are more contributors to the game now. The Dogecoin enthusiasts, also known as ‘Dogecoin Army’, are sharing memes about the currency. This new kind of ammunition is proving lethal. Dogecoin is surging in value consistently.
So … it’s finally come to this … pic.twitter.com/Gf0Rg2QOaF
— Elon Musk (@elonmusk) February 7, 2021
Gene Simmons and Snoop Dogg are currently the active members of the Doge Army causing a significant rise in its price. Currently, Dogecoin’s price is at 0.06 USD. This is a 35% increase in the past 24 hours.
Dogecoin is a meme currency. It does not have any typical utility. Nonetheless, there is huge community support behind it. The price surge is attracting more newbie traders towards it.
DOGE hodlers expect that the currency might hit $1 mark in near future. However, it is still a distant dream.
Traders need to be cautious while dealing with Dogecoin. The speculative mania is causing pump but the dump may as well be following it.