Meme cryptocurrency Dogecoin (CRYPTO: DOGE) sees big upward movement in line with an increase in Bitcoin and as Tesla Ing (NASDAQ: TSLA) Elon Musk climbed in again.
Dogecoin saw its price increases over the weekend as Bitcoin (CRYPTO: BTC) again approached the highest levels and Musk suggested that in a recent tweet.
… going to moon soon
– Elon Musk (@elonmusk) 10 April 2021
Dogecoin peaked at $ 0.078 after rising 20% from its low 24 hours of $ 0.0625. The currency is currently $ 0.071, an increase of 1,379% compared to the lowest amount of $ 0.0048 in January.
Like any other altcoin, Dogecoin works on the tracks that Bitcoin sets and its movement.
As Benzinga reported earlier today, the world’s first cryptocurrency has approached its everyday high price of more than $ 60,000 amid a shortage of stock.
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