Dogecoin (DOGE) has skyrocketed to become the sixth most valuable cryptocurrency, experiencing an impressive 80% gain in just seven days.
The popular meme-inspired digital currency has surpassed Ripple's XRP and USDC, reaching a market capitalization of over $41 billion, with a staggering daily trading volume exceeding $20 billion.
At its peak, the price of dogecoin reached as high as $0.30, reflecting renewed interest and enthusiasm among investors. This remarkable price surge underscores the significant influence of Elon Musk, whose support continues to fuel dogecoin’s popularity and price appreciation in the cryptocurrency community and beyond.
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