The DOGE price is climbing again, up over 30% in the last 24 hours
Dogecoin (DOGE) continued its rapid ascent on Tuesday, as the price of the world’s most beloved coin broke the $ 050 barrier for the first time
On Tuesday, the value of Dogecoin rose from $ 0 389421 to $ 0 541900 – an increase of 39% – which marked a new record for DOGE
Backed by a listing on the UK-based cryptocurrency exchange eToro and pending TV debuts on Saturday Night Live, Dogecoin continues to confuse observers who took the coin as its creator intended. – ie, a joke
But Dogecoin is turning out to be one of the most profitable jokes in the cryptocurrency space, as evidenced by its miraculous surge since the start of the year
On January 1, Dogecoin was valued at less than a cent Just over four months – and growing 10922% later – the coin is now valued at just over half a dollar
The speed of Dogecoin’s growth should perhaps be a warning sign for potential investors, given the 50% drop in the price of the coin in mid-April Similar volatility was seen in February, when a tweet from Elon Musk appeared to cancel out nearly 25% of Dogecoin’s growth within hours.
Ebene News – GB – DOGE learns new tricks as Dogecoin price exceeds half a dollar