Dogecoin Nears $0.7 as Rally Continues
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The value of meme crypto dogecoin surged to almost 70 cents on Wednesday morning
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The cryptocurrency is now the 4th most valuable coin by market cap
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Doge is now closer to its $1 goal ahead of Elon Musk’s Saturday Night Live appearance
The value of meme cryptocurrency, dogecoin surged to almost 70 cents in the early hours of Wednesday.
As investors continue to publicize the crypto online, it has come with a touching distance of its $1 goal.
Tesla CEO, Elon Musk is hosting Saturday night live this weekend, and the billionaire has promised to talk about the coin during his appearance.
Some of the coin’s major increase has been triggered by the billionaire promoting it on his Twitter account.
Doge which was created as a joke crypto now has the 4th largest market cap of the crypto market.
Read also: Why is Dogecoin Going So High?
Doge’s market cap currently sits at $86.7 billion, much higher than $69 billion as of yesterday.
At the time of this report, Dogecoin is trading at $0.67, slightly lower than its all-time high of $0.69.
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