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Meme Cryptocurrency Dogecoin Enters Wild Rally Last Weekend, DOGE Jumps 125%

UTC by Bhushan Akolkar · 2 min read
Meme Cryptocurrency Dogecoin Enters Wild Rally Last Weekend, DOGE Jumps 125%
Photo: Depositphotos

DOGE craze spikes in the new 2021 year following endorsements from popular personalities. The recent tweet by adult start Angela White who admits being a DOGE HODLer pushed the crypto’s price to surge over 125% last weekend.

If you consider yourself a crypto enthusiast but are only talking about Bitcoin (BTC) and Ethereum (ETH), you’re not a real enthusiast. DOGE is the real craze currently in the market. The meme cryptocurrency Dogecoin (DOGE) has been on a pretty good rally in the new 2021 year.

Last weekend, the Dogecoin (DOGE) price surged more than 125% hitting its new 2021-high of $0.013. Although Dogecoin emerged as a joke cryptocurrency in 2013, it has built a strong fan following over the years. This Shiba Inu meme-based cryptocurrency has received endorsements from some of the top tech personalities of the world.

Last month in December 2020, Tesla CEO Elon Musk once again spoke about DOGE to his Twitter followers. In fact, Musk also changed his Twitter profile bio as the “former CEO of Dogecoin” at that time. However, it was not the first that Elon Musk was endorsing DOGE. The crypto community thinks that the recent endorsement of DOGE has helped its price skyrocket to new highs.

Note that Dogecoin is only a fun cryptocurrency and doesn’t intend to serve any financial purpose. At press time, DOGE is trading 28% down at $0.008572 with a market cap of $1.058 billion.

Adult Star Angela White Says She’s a Dogecoin (DOGE) HODLer

Dogecoin has become popular not just in the crypto community but outside as well. Last Saturday, January 2, adult star Angela White tweeted that she’s been the HODLer of Dogecoin since 2014.

This was huge considering the fact that the adult star has more than 1.3 million followers on Twitter.

Soon after that, the Dogecoin price surged more than 125% over the last weekend. However, the Dogecoin craze within the crypto community and worldwide isn’t new. Last year in 2020, many crypto fans on the short-video social media app TikTok tried to pump the DOGE price to a dollar per token. Although they fell short of the target, the cryptocurrency registered major adoption during the promotion.

Since its inception in 2013, Dogecoin remains fairly valuable and popular in the crypto community. Over the years, Dogecoin has managed to hold its place in one of the top 30 cryptocurrencies by market cap. Also, the Dogecoin community is popular for being extremely generous towards charity.

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Bhushan Akolkar

Bhushan is a FinTech enthusiast and holds a good flair in understanding financial markets. His interest in economics and finance draw his attention towards the new emerging Blockchain Technology and Cryptocurrency markets. He is continuously in a learning process and keeps himself motivated by sharing his acquired knowledge. In free time he reads thriller fictions novels and sometimes explore his culinary skills.

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