Dogecoin Reaches an All-Time High

The coin that has made the cryptocurrency market so hype thanks to the tweets of auto giant Tesla founder appears to have usually woken up.

Like all other digital currencies that benefit from the upcoming offering of Coinbase today on the Nasdaq market, however, the matter was very interesting with the Dogecoin currency.

Dogecoin/ USD jumped by more than 83% over the past minutes, which Elon Musk said in one of his tweets that it will be the currency of the future.

Dogecoin rose to levels of 0.133 dollars compared to 0.07302 dollars in the previous night’s trading, while it rose earlier in trading on Wednesday to 1.425 dollars.

The market value of Dogecoin jumped from the levels of $ 9.1 billion to more than $ 17.14 billion, with an increase of about $ 8 billion.

The strong increase in Dogecoin prices was reflected in the ranking of the currency, which has become the 8th largest cryptocurrency by market value.