Dogecoin 'Woke Up And Chose Violence:' DogeDesigner Hints At Aggressive Market Move Ahead Of Doge Day

DogeDesigner, a prominent figure in the cryptocurrency community, has commented on Dogecoin’s DOGE/USD recent market behavior, indicating a bold move.

What Happened: On Friday, DogeDesigner took to X, formerly Twitter, and wrote, “Dogecoin woke up and chose violence today,” and attached a meme of Dogecoin’s iconic Shiba Inu dog clad in a Grim Reaper outfit and crossing a door that reads “$0.20.”

See Also: Dogecoin Jumps 15% Ahead Of Doge Day, Whale Transactions Up

Dogecoin has surged over 48% in the last seven days, with its market capitalization rising to $31.33 billion.

More broadly, dog-themed meme coins have been on the uptrend. Dogwifhat WIF/USD rode the rally to become the third-largest meme coin by market capitalization, rising by 16% in the last 24 hours.

Why It Matters: The post coincided with a surge in Dogecoin’s value, as the meme-inspired cryptocurrency saw a 14% increase to $0.22, ahead of the Doge Day event on April 20.

Dogecoin’s ascent reflects a wider trend in the cryptocurrency market, particularly among altcoins. The meme coin’s surge occurred alongside a general uptick in the sector, triggered by Bitcoin’s climb past the $70,000 mark.

Read Next: Trader Turns $3K Into $215K In Hours With Freshly Launched Dawkoin As ‘Father Of MEMEs’-Based Crypto’s Market Cap Skyrockets To $15M

Image via Shutterstock


Engineered by Benzinga Neuro, Edited by Pooja Rajkumari


The GPT-4-based Benzinga Neuro content generation system exploits the extensive Benzinga Ecosystem, including native data, APIs, and more to create comprehensive and timely stories for you. Learn more.


DOGE/USD Logo
$DOGEDogecoin
$0.1610-5.86%

Stock Score Locked: Edge Members Only

Benzinga Rankings give you vital metrics on any stock – anytime.

Unlock Rankings
Edge Rankings
Momentum
86.29
Price Trend
Short
Medium
Long
Market News and Data brought to you by Benzinga APIs

Comments
Loading...