Dogecoin to 1 dollar? Reddit turns to DOGE after GameStop surges 1,600% in 2 ...

Dogecoin to 1 dollar? Reddit turns to DOGE after GameStop surges 1,600% in 2 ...

Dogecoin may have a long way to go to hit $1, but the stock market may not be in the mood to doubt the power of r/Wallstreetbets. Dogecoin (DOGE) is up 80% in a day and trading volume has spiked more than 800% as the altcoin sees a publicity surge with a familiar source.DOGE/USD 1-day candle chart (Binance). Source: TradingviewDOGE to $1?Data from Cointelegraph Markets, CoinMarketCap and Tradingview showed a transformation taking place in the DOGE ecosystem overnight on Jan. 27, with DOGE/USD hitting $0.0138.In a matter of hours on Thursday, the pair added over 80% to its spot price before....


Related News

Dogecoin Explodes 1,100% in GameStop-Like Copycat Rally

Dogecoin (DOGE) underwent one of the quickest bull runs in the history of cryptocurrency markets, rising by more than 1,100 percent in just two days as a Reddit group "SatoshiStreetBets" called on ordinary traders to buy the meme-based token.

DOGE tweet volume up 1800%, becomes first altcoin to surpass Bitcoin ever: Th...

The meme-based cryptocurrency has exploded on Twitter over the past 24 hours, mirroring the rapid appreciation in DOGE price. Dogecoin (DOGE), a meme coin created as a joke, has seen a groundswell of Twitter activity in the past 24 hours after attention was thrown on the coin by the now-infamous Reddit group responsible for pumping the share price of GameStop. Dogecoin’s Twitter volume — the number of daily tweets versus the 30-day average — skyrocketed 1,787% on Thursday, according to crypto data provider The TIE. In total, there were 89,991 tweets about DOGE over a 24-hour period.In....

Doge4NASCAR Succeeds In Raising 67.8M DOGE To Sponsor Josh Wise At Talladega

Talladogea, here we come! (Official press release). Reddit and Dogecoin will soon be careening through countless left turns alongside NASCAR #98 driver Josh Wise in this spring's race at Talladega. The initiative to raise $50,000 began when members of reddit's NASCAR community identified Josh Wise as a talented underdog(e) in need of a sponsor. The Dogecoin community had just finished up their Doge4Water fundraiser, and the idea of a car painted with a doge racing through Talladega picked up traction. Some said $50,000 was too much money for humble Shibes to crowd-fund, especially coming....

Dogecoin trading volume hits $5B surpassing Bitcoin's for the first time ever

As the price of DOGE surged eight-fold within a day, the volume of Dogecoin surpassed Bitcoin's on Binance. Dogecoin (DOGE) briefly surpassed Bitcoin (BTC) in daily volume on Binance at over $5 billion on Jan. 29. This is a first for Dogecoin, and it happened as the price of DOGE surged around eight-fold overnight from $0.012 to over $0.08.DOGE/USDT 15-minute price chart (Binance). Source: TradingView.comWhat was behind the craze around DOGE?The meteoric rally of DOGE was fueled by posts and tweets from WallStreetBets traders on Twitter and Reddit. In fact, the tweet volume also soared to....

85% Dogecoin rally shows Wall Street Bets aren’t done with DOGE yet

Dogecoin rallied by more than 85%, suggesting Wall Street Bet’s crypto wing may have decided that they weren’t done with DOGE yet. After gaining the spotlight due to a 980% pump on Jan. 28, Dogecoin (DOGE) briefly entered the top 10 ranking by market capitalization for the first time since 2015. Once the massive pump lost momentum and traders quickly took profits, it seemed that investors would move on past the meme-based cryptocurrency and find something else to invest in. The pump initially started when exchanges prevented retail traders from buying more GameStop and AMC stock on Jan.....