Dogecoin Skyrocketed To All-time High

Dogecoin (DOGE) has set a new high above $ 0.14. The digital asset has grown more than 90% in 24 hours, according to CoinGecko.

Binance DOGE / USDT chart by TradingView.

The capitalization of the project has exceeded $ 17 billion, according to CoinMarketCap. The digital asset ranked tenth in terms of total market value.

American TV presenter and restaurateur Guy Fiery supported Dogecoin on Twitter. 3.4 million people have subscribed to it.

Elon Musk reacted with an animation of a laughing dog.

On April 14, the price of bitcoin crossed the $ 64,000 mark. The second largest cryptocurrency in terms of capitalization renewed its historical maximum at a level above $ 2350.

In March, Elon Musk wrote that he was buying a Shiba Inu. The businessman did not specify what was at stake: a puppy of this breed or the Dogecoin cryptocurrency with the image of a dog-meme.

In April 2019, the head of Tesla named Dogecoin as his favorite coin. In July 2020 and February 2021, Musk pumped the token price by 17% and 50%, respectively.

Dogecoin was previously supported by American rapper Snoop Dogg, musician and bass player of the rock band KISS Gene Simmons and porn star Mia Khalifa.

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