DOGE continues to set new records and impress people after it reached $ 0.3 after a three-digit increase.
There are no boring days in the crypto market. Today, DOGE has skyrocketed to a new $ 0.3 ATH. With its mind-boggling rise, Dogecoin has become the eighth largest cryptocurrency by market cap and has overtaken giants like Motorola and Delta Airlines on that metric.
Dogecoin has always been able to get people’s attention, and last week was no exception.
DOGE traded at $ 0.06 on April 10, but, and there is no other word to explain it better, it exploded in value over the next six days.
To be more precise, the DOGE price soared 400% in this period and registered a new high of $ 0.3 earlier today.
The asset entered the top ten currencies by market value and continued north, until its current position as the 8th largest cryptocurrency.
In addition, Dogecoin has overtaken some well-known companies with decades of history. In wake up with AssetDash, DOGE is currently the 400th largest asset by market value, which puts it ahead of names like Motorola Solutions, Komatsu and Delta Airlines.
As previously reported, Dogecoin sees impressive celebrity adoption. More recently, billionaire investor and Dallas Mavericks owner Mark Cuban allowed DOGE to pay for merchandise and tickets for his team and vowed never to sell a single coin.
Speaking of celebrity endorsements, perhaps no one is more a supporter of Shiba Inu-inspired meme currency than Elon Musk. In addition to posting frequently about the token, including yesterday’s photo “DOGE barking at the moon”, Musk also bought it for his son a few months ago.
Musk bought DOGE for his son for $ 0.07, and the current price of $ 0.24 means a 250% ROI in two months.