BlockBeats news, on November 8, according to GMGN monitoring, the market value of the meme coin DOGE on the Ethereum chain has surpassed 140 million USD, currently quoted at 0.1473 USD, with a 24-hour increase of over 120%, setting a new historical high.


This meme coin originates from Musk's previous tweet D.O.G.E. (Department of Government Efficiency). Yesterday's news reported that Musk updated his Twitter profile to 'The people voted for major government reform.'


BlockBeats reminds users that the meme coin currently has no actual use case, and users should invest with caution.