Dogecoin Jumps 116% Higher in 2 Weeks, King of Meme Coins Outperforms Leading Crypto Assets – Markets and Prices Bitcoin News

Dogecoin has been the most popular crypto asset since Elon Musk’s takeover of Twitter. Dogecoin rose 116.3% against U.S. dollars in the past two weeks and is currently at the eighth biggest crypto market position.

The Dog Owners: Dogecoin Beats All the Competitors by Recovering Triple Digit Gains within 2 Weeks

Dogecoin has experienced a remarkable rise in the recent past, and this all began when Elon Musk took over Twitter’s reins. DOGE is up 116.3% in two weeks against the U.S. dollars, which surpasses gains by crypto asset experts like ETH or BTC.

Dogecoin Jumps 116% Higher in 2 Weeks, King of Meme Coins Outperforms Leading Crypto Assets
The value of dogecoin has risen dramatically since Elon Musk (billionaire Tesla executive) took control of Twitter. Many believe Musk might integrate dogecoin payments in his social media platforms.

DOGE’s 30-day stats show that DOGE has risen 98.8%. In addition, DOGE gained 52.8% value over the week. Even with the massive gains in the past month DOGE remains at 51.3% for the year and is 82.5% below the $0.73 record. DOGE prices have fluctuated between $0.122- $0.134 in the past 24 hour.

According to market capitalization, Doge now ranks eighth. The coin’s 24-hour trade volume has reached $3.10 million. The DOGE market cap today is $17.5 billion according to today’s metrics and there’s a circulating supply of more than one hundred thirty-six billion DOGE.

Dogecoin Jumps 116% Higher in 2 Weeks, King of Meme Coins Outperforms Leading Crypto Assets
Doge/USD Chart via Binance. 5 days.

It is currently valued at $25 Billion, which represents 5.9% more USD in USD over the past 24 hours. This has fuelled the meme coin economy. DOGE, the second-largest meme coin, hasn’t seen any gains in the past week. However, Shiba inu’s (SHIB) rose 8% this week.

Others meme coins assets, such as floki (FLOKI), and dogelon marss (ELON), saw their value rise by 31%-52% in the past week. DOGE today represents 70% of all the $25 billion in meme currency economies, and 1.587% for the $1.1 trillion total crypto economy.

Tether (USDT) is dogecoin’s top pair as it equates to 52.88% of all DOGE trades today, while BUSD follows behind with 18.76% of all DOGE trades during the past 24 hours. According to metrics, BUSD (16.76%) is closely followed by BTC (2.70%), KRW (2.68%) and TRY (2.03%).

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What do you think about dogecoin’s market performance since Elon Musk took over Twitter? Please comment below to let us know your thoughts on this topic.

Jamie Redman

Jamie Redman, a Florida-based financial journalist and news lead at News is Jamie Redman. Redman is an active participant in the cryptocurrency community from 2011. Since 2011, Redman has been an active member of the cryptocurrency community. Redman is a prolific writer for News, with over 6,000 articles on disruptive protocols.

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