Photographer: Yuriko Nakao / Getty Images
Photographer: Yuriko Nakao / Getty Images
Dogecoin rose to its all-time high on Sunday as Elon Musk tweeted ‘Who let the Doge out’ amid the protest.
The Shiba Inu-themed digital currency surpassed 8 cents for the first time, just a week after crashing to 2.5 cents and a exclaim on Reddit. According to New York, according to Sunday, it rose by 53% in the last 24 hours to 8.2 cents from 17:45 in New York CoinMarketCap data expanded through the recent record of 7.8 cents posted at the end of January.
It now has a market value of $ 10 billion, making it the 8th largest cryptocurrency.
The price has recovered since then in the past week Tesla Inc. co-founder Elon Musk has returned from his self-imposed Twitter interruption to send a series of tweets promoting Dogecoin.
Dogecoin, which started as a joke in 2013, has fueled a wave of newfound popularity on social media through the speculative madness of retail investors.
Bitcoin also rose this week and topped a record of $ 40,000, before the profits are offset.
(Updates with new record price.)