Dogecoin's Daily Trading Volume Surpasses $4.5 Billion as Guy Fieri Joins List of Supporters

Wed, 04/14/2021 - 06:22

Restaurateur Guy Fieri has become the latest celebrity to embrace Dogecoin as the red-hot meme coin keeps hitting new all-time highs

Dogecoin's Daily Trading Volume Surpasses $4.5 Billion as Guy Fieri Joins List of Supporters

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American restaurateur Guy Fieri has jumped on the Dogecoin train, posting a photo of himself in a Shiba Inu-themed space suit.

According to Messari data, Dogecoin is up 71 percent over the past 24 hours, with its daily trading volume surpassing $4.5 billion.

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

DOGE has already hit a new all-time high of $0.125 on the Binance exchange, outperforming every single cryptocurrency within the CoinMarketCap top 100. It is currently the best-performing coin, surpassing even XRP.

The joke cryptocurrency has benefited from excessive celebrity attention. The list of its most famous cheerleaders includes Tesla CEO Elon Musk and rapper Snoop Dogg.

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About the author

Alex Dovbnya

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.