Today is shaping an exciting day for Dogecoin fans around the world. At this point, it is clear that the DOGE craze has already expanded outside the scope of the cryptocurrency industry and even Elon Musk.
Community members on Twitter and Reddit started DOGE-related campaigns trying to make 4/20 (20 April) the official day for the celebration of the meme currency. The trend spread among strangers and even Snickers, and Milky Way joined the craze.
In terms of price, DOGE is still a long way from $ 0.69 (a meme target that many industry proponents joke about), but it still outperforms during a day when the entire market suffers.
Dogecoin 4/20 day started
Until not too long ago, Tesla’s Elon Musk was among the few cryptocurrency outsiders who strongly supported and believed in Shiba Inu-inspired meme currency. However, his words caught the attention of other celebrities, including Snoop Dogg, and the ball started to roll.
This mass adoption continued with the Dallas Mavericks and even got into politics. Republican Mark Green recently presented documents indicating that he bought a substantial amount of DOGE.
The ever-growing cryptographic community took advantage of DOGE’s increasing popularity and began promoting April 20 (4/20) as the official Dogecoin day.
Dogecoin Mania accompanied by Snickers and Milky Way
Interestingly, the Dogecoin craze has hit some well-known chocolate bar brands with implications for space. The first was Snickers – the popular chocolate bar from the American company Mars.
Through his official Twitter account, Snickers posted about DogeDay and, more specifically, DogeDay420. They even created a Snickers bar related to DOGE, but pointed out that it’s just “a cool doge gif”.
Milky Way, the company behind the chocolate covered confectionery bar, also from the Mars Company, joined shortly afterwards also congratulating DogeArmy for “making the DogeDay trend”. They even predicted that Dogecoin could climb “up to Milky Way, not just the moon”.
CONGRATS TO THE #DOGEARMY FOR MAKING #DogeDay TREND. @DogecoinRise to the Milky Way not just the 🌕!
– MILKY WAY (@milkyway) April 19, 2021
CONGRATULATIONS TO THE #DOGEARMY FOR DOING #DogeDay TREND.
@DogecoinRise for the Milky Way not just the symbol of the full moon!
Meme targets for a meme coin
The meme currency has been among the best performing since the beginning of the year and especially in recent weeks. DOGE traded at $ 0.055 on April 1, but shot up more than 700%, to an all-time high of $ 0.45 a few days ago.
Although most crypto assets plunged double-digit percentages during the crypto market crisis, on Sunday, DOGE behaved very well. At the time of writing these lines, Dogecoin was trading at $ 0.37.
However, the community has a larger target for this. According to today’s DogeDay, people in the industry have some thoughts on the subject.
Pompliano, a trader and crypto expert, yesterday posted a message on Twitter:
Tomorrow is 4/20.
Don’t be surprised if the internet ensures multiple stocks or financial assets hits $ 69 or $ 0.69 by the end of the day.
The meme is the message.
– Pomp 🌪 (@APompliano) April 19, 2021
Tomorrow is 4/20.
Don’t be surprised if the internet ensures that multiple stocks or financial assets hit $ 69 or $ 0.69 at the end of the day.
The meme is the message.
Even if the DOGE does not increase by 73% from its current price to today’s target, the asset has already reached several milestones. It returned to being the fifth largest cryptocurrency, with a market value of more than $ 50 billion. Accordingly with AssetDash, DOGE also surpassed the market value of giants like Spotify, ING Group and Ford Motor Company.
Source: CryptoPotato
