Dogecoin value gained 2,400% since January, now 5th most popular coin

Dogecoin has risen to become a very popular cryptocurrency as it currently holds the 5th spot surpassing $253 billion market cap.

1 minute & 8 seconds read time

Dogecoin holders would be rejoicing at the price turnaround for their precious meme-cryptocurrency, as the coin is currently sitting in the top rankings.

Dogecoin value gained 2,400% since January, now 5th most popular coin 01

At the moment, Dogecoin has surpassed $253 billion in market capitalization and is sitting in the 5th spot. Most of the coin's increase in value can be attributed to Elon Musk's vocal support for the coin on his Twitter account, as well as Snoop Dogg. It was just the other day that Elon Musk tweeted about Dogecoin causing the value of the cryptocurrency to spike 10%.

Now, Dogecoin has experienced its lows in the past weeks, as have most other cryptocurrencies. However, Dogecoin is trailing behind the big cryptocurrencies now, such as Bitcoin, Ethereum, Tether, Binance Coin, and Cardano. Since January, Dogecoin has increased in value by 2,400%. For more information on this story, check out this link here.

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Jak joined the TweakTown team in 2017 and has since reviewed 100s of new tech products and kept us informed daily on the latest science, space, and artificial intelligence news. Jak's love for science, space, and technology, and, more specifically, PC gaming, began at 10 years old. It was the day his dad showed him how to play Age of Empires on an old Compaq PC. Ever since that day, Jak fell in love with games and the progression of the technology industry in all its forms. Instead of typical FPS, Jak holds a very special spot in his heart for RTS games.

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