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Dogecoin's rise to $0.73 in 2021 was driven by pure speculation, and since speculative frenzies never last, it was no surprise when the token plunged by as much as 92% from that peak in 2022.
Dogecoin opened 2021 at a price of $0.0046, and it soared 15,769% within five months to hit a record high of $0.73. ... Musk tried to support the community by accepting Dogecoin for certain items ...
Consider what happened in 2021. In early January, Dogecoin was trading for just $0.01. After a huge hype cycle, Dogecoin exploded in value before hitting $0.74 in May. By July, though, the hype ...
Dogecoin features the face of Kabosu from the "doge" meme as its logo and namesake. [4] [5] [6] It was introduced on December 6, 2013, and quickly developed its own online community, reaching a peak market capitalization of over US$85 billion [a] on May 5, 2021. [7] As of 2021, it is the sleeve sponsor [b] of Watford Football Club. [8]
As the chart above clearly shows, Dogecoin's ascent in 2021 was short-lived. Over the last few years, the price of Dogecoin has hovered around $0.10 -- and even with its near-400% return so far in ...
An X post by Dogecoin Friday called Kabosu the community’s “inspiration.” “The impact this one dog has made across the world is immeasurable,” the post read.
Dogecoin opened for trading on Jan. 1, 2021 at $0.00468 and hit a high of $0.005685 on that day. A $1,000 investment at the time could have purchased 175,901.50 DOGE based on the highest price ...
Dogecoin's boom-and-bust cycle even continued into this year. The crypto was up a whopping 144% from the start of 2024 to April 1. However, it has tanked more than 50% since then.