Dogecoin: Meme Cryptocurrency Gains 70%

• Dogecoin, The meme cryptocurrency that was created to mimic other cryptos has reached a new milestone

• The meme coin has risen by more than 70% in the last 24 hours to reach $0.13

• Doge now has a market cap that is over $14 billion, thanks to its massive run

Dogecoin, a cryptocurrency that was created to mimic other cryptos of has reached a new all-time high.

Doge soared by over 70% in 24 hours to reach a new level of $0.13, one of the biggest gains.

Doge’s movement has been encouraged by thousands of online posters and buyers.

It has also received massive support from Tesla Technoking, Elon Musk since the turn of the year.

The crypto community had been interested in the idea of getting the meme coin to $0.1 and this represents a big milestone.

In early January, Doge was worth less than $0.1, but it rallied to reach $0.7 within the space of a few days before dropping off to $0.4.

Doge has since spent the past few months between $0.3 and $0.7 before its recent movement.

Read also: Bitcoin reaches new all-time high

Dogecoin was created in 2013 as a meme coin. Like Bitcoin, it allows Peer-to-peer transactions on a decentralized network.

Doge is not the only meme coin. Many others have reached great heights, including “Meme”.

Meme is another meme coin that was launched in August 2020, started at $1, and currently trades at over $2,000.

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