Dogecoin Prices Surge Past 10 Cents for First Time Ever

Dogecoin Prices Surge Past 10 Cents for First Time Ever.

Dogecoin is hitting record highs this week thanks to the highly-anticipated direct listing of cryptocurrency exchange Coinbase Global.

The virtual currency, which features the face of a Shiba Inu dog, has surged more than 85 percent in the last 24 hours.

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As of April 14, Dogecoin is trading at 12 cents and has a market cap of over $16 billion.

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Dogecoin has seen great success since the beginning of 2021, soaring more than 2,000 percent.

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Tesla CEO Elon Musk has played a significant role in Dogecoin’s rise.

His tweets about the meme-based coin have occasionally driven up its value.

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The cryptocurrency’s cult-like status on Reddit’s SatoshiStreetBets forum has also seen users dedicated to propelling its value “to the moon.” .

Dogecoin surged more than 600 percent in January thanks to one of the group’s massive coordinated pushes.