fbpx
QQQ
+ 7.05
312.29
+ 2.21%
DIA
+ 4.00
336.23
+ 1.18%
SPY
+ 6.32
403.85
+ 1.54%
TLT
+ 1.27
134.54
+ 0.94%
GLD
+ 1.54
169.61
+ 0.9%

Why Dogecoin Is Up 20%

April 11, 2021 12:34 pm
Share to Linkedin Share to Twitter Share to Facebook Share to Print License More
Why Dogecoin Is Up 20%

Meme cryptocurrency Dogecoin (CRYPTO: DOGE) is seeing major upwards movement in line with a rise in Bitcoin and as Tesla Inc (NASDAQ:TSLA) Elon Musk has again chimed in.

Dogecoin has seen its price rise this weekend as Bitcoin (CRYPTO: BTC) again approached all-time-high levels and Musk suggested that it would be "going to the moon very soon" in a recent tweet.

Dogecoin reached a high of $0.078 after a 20% increase from its 24-hour low of $0.0625. The coin is currently priced at $0.071, up 1,379% from this year's low of $0.0048 reported in January.

Like any other altcoin, Dogecoin is operating on the tracks set by Bitcoin and its movement.

As Benzinga reported earlier today, the world's first cryptocurrency approached its all-time high price of over $60,000 amid talk of a supply shortage.

See Also: How to Buy Dogecoin (DOGE)

Posted-In:

Cryptocurrency Markets

Related Articles

Cardano And Polygon Skyrocket To New All-Time Highs As Investors Seek Elon Musk's Next Favorite Crypto

Proof-of-Stake (PoS) cryptocurrencies Cardano (CRYPTO: ADA) and Polygon (CRYPTO: MATIC) saw a major price growth following recent news that Tesla Inc. (NASDAQ: TSLA) CEO Elon Musk is read more

7 Surprising Bitcoin Metrics You Should Watch Amid Latest Fall

Bitcoin (CRYPTO: BTC) recently saw a major downwards price movement after Tesla Inc. (NASDAQ: TSLA) announced it wouldn't b read more

Elon Musk's Net Worth Drops $20B Since 'SNL,' Analyst Predicts Bitcoin Backtrack Will Increase Tesla Volatility

Elon Musk saw his net worth drop by over $20 billion since his May 8 appearance on SNL. read more

Coinbase To Let The Doge In: What Investors Need To Know

Coinbase Global, Inc. (NASDAQ: COIN) is finally warming up to Dogecoin (CRYPTO: DOGE), which has had a stellar run thus far this year. At one point last week, the meme currency hit a peak of 73.76 cents, a gain of about 15,600% for the year. read more