Dogecoin Goes Above 25 Cents, Internet Goes Wild
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Meme cryptocurrency, Dogecoin has continued to break new all-time highs as the internet goes wild
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The cryptocurrency has gained over 90% in the last 24 hours to move above $0.25
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Doge which was initially created as a parody to other cryptocurrencies now has a market cap of over $30 billion
Meme cryptocurrency, Dogecoin is trending number one on Twitter. The reason for this is that the price has soared in the past 5 days.
Doge reached a new milestone on Friday morning when the price of the coin surpassed 20 Cents and it currently has a market cap of over $30 billion.
The Doge community has been obsessed with sending the coin about 10 cents earlier this year but came short.
After spending the past few months between 3 and 7 cents range before rising above 10 cents on Monday.
The movement from 10 to 20 cents was more rapid and it happened in less than 3 days.
The surge in the coin price has been put down to support from Elon Musk through frequent tweets.
Dogecoin was created in 2013 as a meme coin. The popularity of the coin has since skyrocketed.
Read also: Rapper Nas Set To Make $100 Million From Investment In Crypto Firm Coinbase
At the time of this report, Doge is trading at 25 Cents, up by 90% in the last 24 hours.
