The much wow innovative crypto-currency. Dogecoin has seen a resurgence, credits to Reddit and a tweet from from the now famous Wall Street Bets. Should You Invest in Dogecoin in 2021? A subreddit for sharing, discussing, hoarding and wow'ing about Dogecoins. If there was a way to sum up the first couple of months of 2021, it would probably be something like “it’s all a big joke so let’s screw with some people.” Share this article. About. DOGE is primarily used for tipping content creators on Twitter and Reddit. “Many people wanted me to do it and said I should do it for the Doge community, so I did,” he said. In January 2021, Dogecoin went up over 800% in 24 hours as a result of attention from Reddit users, partially encouraged by Elon Musk and the GameStop short squeeze. Now it’s at 5.7 cents. Dogecoin’s current market value is about $7,666,149,333 — as of February 2021. News Coins. He told Decrypt that it was a post on r/wallstreetbets, about a billboard promoting GameStop stock, that inspired him to buy his own. Its market capitalization is now close to $6 billion, making the 12th biggest crypto by market cap. Dogecoin: From Reddit Meme to Elon Musk’s Obsession – the Evolution of DOGE Dogecoin's explosion in popularity has sent the coin's price soaring 1150% so far this year. Finance Magnates Telegram Channel; Over the past … save. 560 comments. According to Reddit, Dogecoin stays solid on its paws. Katie Brockman (TMFKatieBrockman) Mar 27, 2021 at 8:00AM Author Bio. Reddit users suppose Doge to become the currency of the internet. So it can definitely go higher than $10. In contrast to Bitcoin, Dogecoin doesn’t restrict the variety of cash that may be produced. DogeCoin Price Prediction 2021. This Dogecoin Price Prediction 2021 article is based on technical analysis alone. March 12, 2021: Musk shared his thoughts that he thinks the Coinbase cryptocurrency platform should list Dogecoin. App Email Discuss Podcast. Their essential purpose was to create an immediate cost system free from conventional banking charges. Dogecoin (CCC: DOGE-USD) has been in the limelight in 2021.Starting the year at just $0.005, Dogecoin was at a record high of $0.0872, or 8.7 cents, by early February. Reddit frenzy pumps up Dogecoin, a cryptocurrency started as a joke Published Thu, Jan 28 2021 11:15 PM EST Updated Fri, Jan 29 2021 3:36 PM EST Arjun Kharpal @ArjunKharpal Below, you will see the key metrics that we have taken into consideration upon coming up with our DOGE price analysis and prediction.. Dogecoin is one of the cryptocurrencies in the crypto world that continues to make noise. There are currently 128,345,470,276 DOGE in circulation, with a market cap of $8,723,412,669. So it’s the best evidence that Dogecoin is alive. Not long ago, Dogecoin was trading at 0.008 cents. Created Dec 8, 2013. The Brag - One of the weirdest 2021 happenings so far is the sudden boom of Dogecoin thanks to Reddit. Apr 13, 2021, 10:15pm EDT. By Brenden Rearick, InvestorPlace Assistant News Writer Apr 6, 2021, 3:51 pm EDT April 6, 2021 Dogecoin (CCC: DOGE-USD ) is, depending on who … Is it the right investment for you? April 1, 2021: Musk sent a tweet, “SpaceX is going to put a literal Dogecoin on the literal moon.” You may think that a few tweets here and there wouldn’t be enough to drastically affect any stock’s price action, but you couldn’t be more wrong. In January 2021, Reddit users made Dogecoin go over 800% in just 24 hours as a result of the attention they gave this currency making a thousand others see its potential and join the community of users. While Elon Musk’s tweets on the 18 th of July 2020 and the 20 th of December 2020, led to a substantial rise in Dogecoin’s price on both occasions (and early January 2021), the mentioned subreddits have been the real reason behind Dogecoin’s huge price surge.. From being valued at $0.007474 on the 28 th of January to reaching a high of $0.051 on the 29 th of January, Reddit’s … Photo: FM. In February 2021, Dogecoin hit its all-time high price following Twitter encouragement from Elon Musk, Snoop Dogg and Gene Simmons. Starting the year at just $0.005, Dogecoin was at a record high of $0.0872, or 8.7 cents, by early February. Although the temporary restrictions on RobinHood are still in place, Dogecoin (DOGE) could be the next pump target.. On a bullish note, DOGE continued to trade at $0.007 during the start of 2021. Members. Dogecoin Price Prediction: Analysis . Dogecoin rose to displace … As impressive as that price spike has been, it’s nothing compared to the move in Dogecoin. 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