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.
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.
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 cryptocompare.com metrics, BUSD (16.76%) is closely followed by BTC (2.70%), KRW (2.68%) and TRY (2.03%).
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.
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