Why Is Dogecoin Shooting Higher Today?

Dogecoin (CRYPTO: DOGE) traded 14% higher over 24 hours at $0.3376 early Monday.

What’s Moving? DOGE has spiked 40.04% over a seven-day period at press time. 

Against major cryptocurrencies Bitcoin (CRYPTO: BTC) and Ethereum (CRYPTO: ETH), DOGE traded 8.39% and 8.66% higher, respectively.

DOGE’s 30-day returns stand at 91.1% while it has skyrocketed 5,798.26% since the year began.

See Also: How To Buy Dogecoin (DOGE)

Why Is It Moving? DOGE traded higher in tandem with major cryptocurrencies on Sunday night.

The hashtag #DogeCoinTo1Dollar trended on Twitter on Sunday pushed by Youtuber Matt Wallace and others.

DOGE was the second most mentioned cryptocurrency on Twitter Inc’s (NYSE:TWTR) platform behind BTC, as per Cointrendz.com.

See Also: Taliban Takeover Of Afghanistan Shows Need For Wider Adoption of Bitcoin, Other Cryptos, Say Backers

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