Dogecoin has broken into the mainstream in recent days because of a massive surge in its price. The coin has broken back into the top 10 cryptocurrencies by market cap, having risen from $0.007 to highs of $0.078 in just a day. That's an increase of 1,000%.
The surge was initially triggered by tweets like the ones from the "Dogecoin official" channel who tweeted, "Today We Will See .05¢ All You Gotta Do Is Retweet" and the unofficial WSBChairman Twitter account (in reference to the notorious WallStreetBets subreddit) who tweeted, "Has Doge ever been to a dollar?" This comes as a number of Telegram and Discord channels have focused on pumping the coin.
Today We Will See .05¢ All You Gotta Do Is Retweet. #dogecoin 🚀📈
Since the coin reached its high, it has dropped to $0.038 before rebounding somewhat to $0.055. OnlyFans star Mia Khalifa earlier today revealed she had invested in the coin, tweeting, "Okay I caved and bought the dog stocks lmaoooooo."
According to CoinMarketCap, Dogecoin's trading volumes have pumped as hard as its price. While yesterday's volumes were slightly above $200 million, today's volume are 10X higher, at around $2.1 billion.
The last tweet that DOGE Value/News made before going into hibernation in 2014 was, "If anyone wants some dirty code to run a bot like this, (Python 2.7) reply and I'll DM you." Someone replied today, "Is it too late?"
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