Recently, Dogecoin (DOGE), the meme-based cryptocurrency, has been on a massive rally!

The price behaviour is extremely unusual, the price action resembles a wild animal chasing another animal to devour. Unlike other meme-based coins, like Rich Quack or Shiba Inu, it continues its rise.

Since the beginning of the week, the price of DOGE has climbed by 150%, to almost $0.15, with a 74% spike in the last day alone. Retain investors are flooding in from everywhere to make a quick buck.

You hear about this for the first time? Don’t invest any more, you are too late to the party!

Dogecoin isn’t just smashing other meme-coins. It has even surpassed Cardano’s native ADA coin as the sixth-largest cryptocurrency in the world. At the time of publication, DOGE, a 2013 »crypto-joke«, had a market cap of around 17 billion. That means that is doing better than a lot of big companies out there. It is doing so well, it could easily fit into Nasdaq or S&P 500 in terms of market capitalization.

And it all comes thanks to Papa Musk.

Elon Musk, the CEO of Tesla, and a huge crypto-market manipulator, who has long been a supporter of DOGE, appears to be bolstering DOGE after completing his acquisition of Twitter. If there is a way to fit DOGE into Twitter, Musk will do it and Doge will climb even more. No use and Doge will collapse back to where it came from.

Exactly what Musk intends to do with Dogecoin is still a mystery. Musk has previously advocated for DOGE as a way to tax users for their tweets and stop spam and bots on Twitter.

This is your chance though, a history has told us, a rise in Doge could bring a rise in Shiba Inu, are you willing to risk it?

Disclaimer: (I am not) + I don’t hold any of meme-coins.