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Dogecoin (DOGE) Hits New All-Time High, Zeroing In On $0.1

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Tue, 04/13/2021 - 17:04
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Alex Dovbnya
Dogecoin has printed a new all-time high, rallying hard with the rest of the crypto market
Dogecoin (DOGE) Hits New All-Time High, Zeroing In On $0.1
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Dogecoin (DOGE), the internet's most famous meme cryptocurrency, has notched a new all-time high of $0.094 on the Binance exchange at 4:22 p.m UTC. 

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Image by tradingview.com

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DOGE surpassed the $0.087 level for the first time on Jan. 29 when its price was pumped by over 800 percent within 24 hours by Reddit group SatoshiStreetBets trading group, TikTok traders, and, of course, Tesla CEO Elon Musk.    

The billionaire entrepreneur would routinely post Dogecoin memes, triggering massive price increases.                   

The January rally was just a flash in the pan, with the Shiba Inu-inspired cryptocurrency plunging over 74 percent in just one day, but DOGE is now convincingly making a run at new all-time highs without Musk's Twitter handle. 

Dogecoin is currently the best-performing currency inside the CoinMarketCap top 100, trumping even out-of-control XRP.     

The market cap of the joke coin has now eclipsed $12 billion.       

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About the author

Alex Dovbnya (aka AlexMorris) is a cryptocurrency expert, trader and journalist with extensive experience of covering everything related to the burgeoning industry — from price analysis to Blockchain disruption. Alex authored more than 1,000 stories for U.Today, CryptoComes and other fintech media outlets. He’s particularly interested in regulatory trends around the globe that are shaping the future of digital assets, can be contacted at alex.dovbnya@u.today.