Dogecoin price is all-time high today. The value of DOGE has reached $0.13 with a whopping surge of 75% within 24 hours.
It is a beautiful day in the crypto neighbourhood with all popular currencies breaking their previous price records. Bitcoin is leading the way with a peak at $63K. The total market cap of the crypto market has grown to $2.19 trillion
Dogecoin price saw a jump of 75% on April 14th. This rise in value suggests that the coin has the potential of becoming an important token. The market cap of the coin has increased by 60%.
The reason for the current surge in DOGE’s value is unknown. However, it has been in the good books of Twitter influencers. Elon Musk is a top-of-the-list backer of Dogecoin currency. His tweets have caused the value of Doge to rise by a huge percentage within few hours, multiple times during the last three month.
Snoop Dogg and Mark Cuban have also been tweeting in favour of DOGE. Mark Cuban’s NBA Mavericks has allowed fans to purchase their merchandise using dogecoin. Moreover, Mark himself predicted that Dogecoin price could reach $1.
The age of Dogecoin:
Dogecoin is on the rise. At press time, its value is $0.133. Whereas the market cap is around $17.21 billion.
Dogecoin has gone from a joke to a payment option. It is receiving the attention of serious investors. Besides, the dogecoin community is elated at the magnificent price movement.
Also Read: US Citizens Can Buy DOGE from 1,800 ATMs
Crypto is an uncertain market. Many tokens come out of obscurity and land among the top ten currencies on the coin market cap within a few days. Some coin projects are totally based on pump and dump. Nonetheless, a coin like DOGE needs to be taken seriously with its consistent rise in the past few months.