The virtual currency Dogecoin, which initially became popular as a meme, rose 41% in 24 hours. This
Cryptocurrency skyrocketed 14,000% in 2021, 31December Dogecoin was worth $ 0.00468. It bypassed more well-known cryptocurrencies such as Tether and XRP to rank fourth in terms of market capitalization.
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Dogecoin with a logo depicting a dogShiba Inu breeds are still little used in commerce and payments. Like other digital currencies, it is highly volatile and its price is influenced by publications from social media users.
Internet users who invest inasset, want it to grow to $ 1. Such famous people as Elon Musk and Mark Cuban stand for this. Such a boom provokes an increase in interest, against the background of which financial experts and even the UK Financial Conduct Authority warn people not to invest all their savings in this asset.
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