DOGECOIN | Dogecoin Surged By 10% in the Past Week

The live Dogecoin price today is $0.091826 USD with a 24-hour trading volume of $1,169,925,875 USD.Get detailed Dogecoin price news, analysis and more on Memecoin Exchange.

Dogecoin is an open source peer-to-peer cryptocurrency that utilises blockchain technology, a highly secure decentralised system of storing information as a public ledger that is maintained by a network of computers.

Dogecoin Surged By 10% in the Past Week

The price of Dogecoin has risen by 10% in the past 7 days.Since December, Dogecoin is up 40% and reaching the strong psychological resistance level of $0.1.the most recent price increase has been fueled by the rumor of the potential implementation of Dogecoin on Twitter as a payment service.

Each time Elon Musk mentions cryptocurrency adoption on Twitter, there is a significant surge in transactions and purchases of DOGE. Moreover Billy Markus highlighted an enormous transaction made by a top-20 DOGE whale, who moved an enormous 450 million coins worth approximately $40 million.

Related Reading : DOGECOIN | Dogecoin is Trending on Twitter and Surges By 7%

Despite a massive decline from its all-time high, dogecoin still has considerable trading volume.Dogecoin remains the top dog among a cadre of canine-themed coins.Dogecoin (DOGE) is arguably the most famous cryptocurrency in the world. With a dedicated community and celebrity endorsements, Dogecoin reached an all-time highs in 2021, despite being created as a meme.

DOGECOIN | Dogecoin Surged By 10% in the Past Week

Dogecoin is bustling with activity even in a bear market.The strength that DogeCoin has is faith, dedication, simplicity, availability, and most importantly a strong community.Dogecoin remains one of the most effective investments on the cryptocurrency market as their profitability stays well above the 50% threshold and has reached even higher after the massive rally on the market.

What is Dogecoin?

Dogecoin began as something of a joke, or a meme coin, poking fun at the perceived absurdity of cryptocurrency. Launched in 2014 by Jackson Palmer and Billy Markus, no one expected Dogecoin to become a legitimate cryptocurrency at the time of its creation.

Dogecoin is named such because of the viral “doge” meme that was incredibly popular online when Dogecoin was founded. The coin’s logo is the infamous doge image itself. A funny crypto based on a funny meme.

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