Dogecoin Leaves Altcoin Market In Dust - Record High Gains Of +110% For The Day.

Dogecoin Leaves Altcoin Market In Dust - Record High Gains Of +110% For The Day.

2021-04-16 | Selina Mathew

Dogecoin Leaves Altcoin Market In Dust - Record High Gains Of +110% For The Day.

Dogecoin [DOGE], the meme-based altcoin which has become a favorite cryptocurrency of Elon Musk, has doubled within 24 hours to hit all-time highs of $0.29 USD. DOGE Leaves the Altcoin Market In Dust. CoinMarketCap and TradingView showed DOGE/USD outperforming other leading cryptocurrencies by an order of magnitude today on 16th April. In what appears an almost unbelievable move, Dogecoin has also become the 8th-leading cryptocurrency by market cap, surpassing Litecoin [LTC], Chainlink [LINK], and Uniswap [UNI] along with several other bull players. At the time of reporting, DOGE traded at around $0.25 USD. Gains on any timeframe remained beyond impressive - 80% on the day, 300% over the past 7-days, and year-to-date returns of more than 5,000%. Versus an equivalent date one year ago, shortly after the pit of the brief 2020 market, Dogecoin is up 12,600%. Reacting, it appeared that even professional traders had been caught all of sudden. "This is the first DOGE pump I even have missed in years, but I still absolutely like to see it. The favorite asset of all time changed my life in 2017. Happy for you guys who are in it, innit?" Scott Melker tweeted.

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