Skip to main content

Market Overview

Dogecoin Sees 125% Increase In Trading On Saturday Following Adult Film Star's Tweet

Share:
Dogecoin Sees 125% Increase In Trading On Saturday Following Adult Film Star's Tweet

The ironic cryptocurrency Dogecoin has taken on a new layer of seriousness today.

What Happened: Dogecoin as of time of publication was trading at 0.011 cents, according to TradingView. That's more than a 125% increase for the day and a break past the psychologically significant one-cent mark.

Riding The Crypto Rocket: The rise is in line with the skyrocketing price of Bitcoin, which today flew past the $33,000 level, the latest in a series of recent high points.

Dogecoin has traditionally been viewed as a parody of the cryptocurrency world. But it nonetheless is a real cryptocurrency and therefore just as capable of delivering returns as Bitcoin.

Dogecoin also recently got a boost after Tesla CEO Elon Musk mentioned it on Twitter, albeit in a non-flattering light.

The altcoin may also have gotten a boost by a tweet from adult film star Angela White, who said she's been an investor since 2014. The tweet came out on Friday night right as the price surge began.

Photo by Dogeloverforever on Wikimedia.

 

Related Articles (GBTC)

View Comments and Join the Discussion!

Posted-In: BitcoinCryptocurrency News Markets Best of Benzinga

Don't Miss Any Updates!
News Directly in Your Inbox
Subscribe to:
Benzinga Premarket Activity
Get pre-market outlook, mid-day update and after-market roundup emails in your inbox.
Market in 5 Minutes
Everything you need to know about the market - quick & easy.
Fintech Focus
A daily collection of all things fintech, interesting developments and market updates.
SPAC
Everything you need to know about the latest SPAC news.
Thank You

Thank you for subscribing! If you have any questions feel free to call us at 1-877-440-ZING or email us at vipaccounts@benzinga.com