Today we are being aware of our loved Dogecoin pumping more than 300% in the last hours. And it could also keep pumping because the volume is still raising. But why are we living this Crazy pump? There's no an accurate answer since crazy pumps just happen, but Dogecoin is really loved by the Crypto community and we can see Doge pumping from time to time.
We lived the previous Dogecoin pump last summer with Elon Musk's Tweet. The current pump could have been caused by the following tweet:
r/wallstreetbets is really trendy in the last hours since they are threatening the huge whales of the traditional stocks in Wall Street through 'the GameStop gate' and this tweet has reached thousands of people. This could be the reason or not, so let's make a quick review of what Doge is, its characteristics and how it looks nowadays.
What is Doge?
'Dogecoin is an open source peer-to-peer digital currency, favored by Shiba Inus worldwide. Introduced as a "joke currency" on 6 December 2013, Dogecoin quickly developed its own online community. Dogecoin was created by Billy Markus from Portland, Oregon and Jackson Palmer from Sydney, Australia. Both wanted to create a fun cryptocurrency that will appeal beyond the core Bitcoin audience. Dogecoin is primarily used as a tipping system on Reddit and Twitter where users tip each other for creating or sharing good content. The community is very active in organising fundraising activities for deserving causes.'
Dogecoin Price range
All Time High (ATH): $0.024698 on 28 Jan 2021 (in dollars). Nowadays, 17.87% to ATH.
Circulating Supply: 100%. 128 136 378 598 out of 128 136 378 598 tokens. No supply limit for Dogecoin.
Project started: 06 December 2013
Listed on 62 Exchanges: Binance, OKEx, Huobi, Bit-Z, ZB.com, Paribu, Kraken, HitBTC, P2PB2B, etc.
Project's Official web page: dogecoin.com
Dogecoin 1 day Price Chart
Dogecoin Historical Price Chart
If you have any doubt, zoom out!
* The data and charts collected in this post come from coin paprika.com and coingecko.com
This is not financial advice. I hope you enjoy this information.
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I am Crypto Camarero in Publish0x
I write about Pumps and dumps in the Crypto market in my blog 'Crazy Pumps and dumps'
También escribo en español sobre historias del mundo de las criptomonedas en mis blog "Crypto Bar en español"