DOGE is launched! It has exploded by about 9%! The reason for this explosion is still Musk's shouting!!!
In a message posted by Musk on Twitter.
He joked that since California officials have imposed restrictions on SpaceX's rocket launch plan, he hopes to solve this problem in some way.
And the solution he mentioned is "D.O.G.E" - a concept originally related to the efficiency department of the Trump administration.
Although Musk's "D.O.G.E" here does not directly refer to Dogecoin, this clever association quickly sparked heated discussions in the cryptocurrency community.
Dogecoin responded quickly to this, and its price soared by 9% in just 24 hours, which is particularly prominent in the cryptocurrency market.
It is worth mentioning that the cumulative increase of Dogecoin has reached an astonishing 17% this week.
Today, the trading price of one Dogecoin has climbed to $0.134, which is undoubtedly a huge leap for Dogecoin, which has been hovering at a low level for a long time.
Musk's Twitter comments undoubtedly added a strong touch to the hot market of Dogecoin.
In addition to Musk's help, the popularity of Dogecoin is also inseparable from the strong performance of mainstream cryptocurrencies such as Bitcoin.
As the prices of digital currencies such as Bitcoin continue to rise, investors' confidence in the cryptocurrency market is also gradually increasing.
In this context, Dogecoin, as a potential digital currency, naturally attracted the attention and pursuit of a large number of investors.
Although some people predict that the price of Dogecoin may fall back at the end of the month, judging from the current market situation, this possibility does not seem great.
The number of active addresses of Dogecoin has reached its highest peak this year, indicating that more and more users are using this digital currency for transactions and payments. This increase in user support rate undoubtedly provides solid support for the future development of Dogecoin.
The bull market is emerging. If you are not suitable for taking the big cake, and want to take the copycat to fight for a high multiple but don't know which coin to take, then observe 🐷🍃, and you will lay out the entire bull market.