Dogecoin Sets Price Record in 3 Years
In 2024, Dogecoin ($DOGE ) made a strong impression with skyrocketing value, peaking at a 3-year high of $0.48 in December. This recovery was thanks to positive statements and actions from Elon Musk and Donald Trump, bringing a wave of optimism to the cryptocurrency market, especially for meme coins.
Dogecoin reached an all-time high of $0.73 in May 2021 before entering a period of stagnation. However, with Trump's presidential election victory and support from Musk, the coin has made a spectacular comeback.