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As was expected, Elon Musk pumped up Dogecoin during his "Saturday Night Live" appearance, but the crypto tumbled. Investors rushed to trade, once again triggering Robinhood to crash temporarily.
The price of Dogecoin (CRYPTO: DOGE) traded 3.2% lower, while XRP (CRYPTO: XRP) had fallen 3.1%. Start Your Mornings Smarter! Wake up with Breakfast news in your inbox every market day.
A $100 investment in Dogecoin at the time of writing could buy 346.2604 DOGE, based on a price of $0.2888. If Dogecoin can return to all-time highs, the $100 investment today would be worth $255.40.
In January 2021, Dogecoin went up over 800% in 24 hours, reaching $0.07, as a result of attention from Reddit users, partially encouraged by Elon Musk and the GameStop short squeeze. [39] In February 2021, Dogecoin hit a new high price of $0.08 following Twitter encouragement from Musk, Snoop Dogg and Gene Simmons. [40]
Dogecoin (CRYPTO: DOGE) is making gains in Thursday trading: As of noon ET, the cryptocurrency's price was up 6.4% over the prior 24 hours. Meanwhile, Bitcoin (CRYPTO: BTC) was up 3.4%, and ...
Dogecoin (CRYPTO: DOGE) has posted big gains over the last day of trading. The cryptocurrency's token price was up 14.6% over the last 24 hours as of 6:15 p.m. ET Friday. Meanwhile, Bitcoin was up ...
Over the last few years, the price of Dogecoin has hovered around $0.10 -- and even with its near-400% return so far in 2024, the crypto is still far off from prior highs.
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