Dogecoin Jumps 116% Higher in 2 Weeks, King of Meme Coins Outperforms Leading Crypto Assets

Dogecoin, the king of meme coins, has been 1 of the champion performing crypto assets during the past 30 days and ever since Elon Musk took implicit Twitter. Statistics amusement that dogecoin has risen 116.3% against the U.S. dollar during the past 2 weeks, and the token has situated itself successful the eighth largest crypto marketplace presumption today.

Who Let the Dogs Out? Dogecoin Stomps the Competition by Gathering Triple-Digit Gains successful 2 Weeks

Dogecoin (DOGE) has seen an unthinkable leap successful caller times and it each started erstwhile Elon Musk officially took the reins of Twitter. Two-week metrics against the U.S. dollar amusement DOGE has jumped a whopping 116.3%, surpassing the gains recorded by crypto plus leaders similar BTC and ETH.

Ever since the billionaire Tesla enforcement Elon Musk took implicit Twitter, dogecoin (DOGE) has skyrocketed successful value. People fishy Musk whitethorn integrate dogecoin payments into the societal media platform.

30-day statistic bespeak DOGE is up 98.8% and implicit the past week, dogecoin gained 52.8% successful value. Although, contempt the mega gains during the past month, DOGE is inactive down 51.3% year-to-date and 82.5% little than the $0.73 all-time high. During the past 24 hours, DOGE has had a terms scope betwixt $0.122 and $0.134.

Doge is present the eighth largest coin successful presumption of marketplace capitalization and the coin has seen $3.10 cardinal successful 24-hour planetary commercialized volume. The DOGE marketplace headdress contiguous is $17.5 cardinal according to today’s metrics and there’s a circulating proviso of much than 1 100 thirty-six cardinal DOGE.

DOGE/USD illustration via Binance, 5-day.

The apical meme coin has besides fueled the full meme coin system arsenic it is present valued astatine $25 billion, oregon 5.9% higher successful USD worth during the past 24 hours. The 2nd largest meme coin has not seen gains similar DOGE has during the past week. Shiba inu (SHIB), however, did emergence 8% higher this past week.

Other meme coin assets similar dogelon mars (ELON) and floki (FLOKI) accrued successful worth by 31% to 52% implicit the past week. Today, DOGE equates to 70% of the full $25 cardinal meme coin economy, portion it besides represents 1.587% of the full crypto system valued astatine $1.1 trillion.

Tether (USDT) is dogecoin’s apical brace arsenic it equates to 52.88% of each DOGE trades today, portion BUSD follows down with 18.76% of each DOGE trades during the past 24 hours. BUSD is followed by USD (16.76%), BTC (2.70%), KRW (2.68%), and TRY (2.03%) respectively, according to metrics compiled by cryptocompare.com.

What bash you deliberation astir dogecoin’s marketplace show since Elon Musk took implicit Twitter? Let america cognize what you deliberation astir this taxable successful the comments conception below.

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