- Dogecoin is up to 55% with a new all-time high after a series of Elon Musk, Snoop Dogg, and Simmons Gene tweets.
- At press time, DOGE market value is at $10.8 billion.
- In terms of market capitalization, DOGE now sits in the 10th position.
Dogecoin (DOGE) cryptocurrency has increased drastically to more than 55% with a new all-time high at about $0.075. The DOGE price surge is due to consecutive tweets from Elon Musk and American celebrities Snoop Dogg and Gene Simmons.
A moment after Snoop Dogg’s tweet, Elon tweeted a Lion King meme of him holding Simmons while holding Dogg who was also holding a Shiba Inu.
So … it’s finally come to this … pic.twitter.com/Gf0Rg2QOaF
— Elon Musk (@elonmusk) February 7, 2021
After this, Simmons tweeted again that he is the “God Of Dogecoin.” Consequently, the Dogecoin reactions of Elon, Dogg, and Simmons, influenced DOGE to rise to seventh in terms of market capitalization. At the moment, DOGE retreated to the 10th place.
According to CoinGecko, DOGE price is at $0.074 with a 24-hour trading volume of over $14.8 billion, at the time of writing.
Last Sunday, Dogecoin was trading at the price of $0.056 wherein it increased to almost $0.08. However, no one can say for sure whether DOGE’s pumping will continue to last, or if traders will start dumping soon.
Meanwhile, since last year to date, DOGE has been up by more than 1,380%.