Dogecoin surges around 50% in value following the tweets from Elon Musk. The traders and dogecoin hodlers are thanking Elon for his intervention.
![](https://autotradingstrategies.com/wp-content/uploads/2021/02/Dogecoin-Surges.jpg)
The meme coin is making history. The price has gone from 0.02 USD to 0.05 USD. The trading volume has increased by more than 110%.
Subscribe For Our Free Crypto Trading Course
The situation is telling of the fact that social sentiment can change the value of cryptocurrencies in a day. The current surge might as well take dogecoin to $1.