Who’s a good Dogecoin now? Meme coin continues parabolic rise with 110pc one-day gain
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Can nothing stop the DOGECOIN?
Elon Musk’s favourite cryptocurrency has pumped again this morning, soaring from US14c to 28c in the eight hours to 12.30am AEDT. It was up 110 per cent in the past 24 hours, according to Coincap.io.
DO NOT PANIC SELL.
— Dogecoin Rise 🐕🪙📈🚀🌕 (@DogecoinRise) April 16, 2021
— 💸💸💸 (@itsALLrisky) April 15, 2021
— SKYÐOGEBOOMER (@SKYDOGEBOOMER) April 15, 2021
It’s up over 30-fold in less than three months and this morning was ranked as the No. 8 cryptocurrency, up from No. 26 at the start of the year, according to Coincap.io.
Im not jealous about dogecoin I am not jealous about dogecoin I am not jealous about dogecoin I am not jealous about dogecoin #doge
— Dave Portnoy (@stoolpresidente) April 16, 2021
On Crypto Twitter, some were calling for a price target of US69c by April 20 – get it? – while others were hoping it would shoot right past that and hit $US1. Others were even more bullish.
— Doge (@DogeLovesElon) April 16, 2021
Co-founded by an Australian, Jackson Palmer, Dogecoin began its meteoric rise in the wake of the Gamestop saga, in part due to tweets from Elon Musk.
The rest of the cryptocurrency market was mostly in the green this morning, with 72 of the top 100 coins on Coingecko gaining ground.
Bitcoin was trading flat at just over $US63,000 ($82,000), while Ethereum had surged three per cent past the $US2,500 ($3,250) mark to a new all-time peak.
Decred, Horizon (ZEN), Decentraland (MANA) and cETH were the other top 100 coins hitting all-time highs this morning – all around noon, according to Coingolive.