The GameStop craze entered the cryptocurrency market and Dogecoin (DOGE) increased by over 1,000 percent in just 24 hours. It peaked at $ 0.0875 at 04:01 UTC on the Binance exchange.
Originally created as a joke, Dogecoin has come close to surpassing Cardano (ADA) and XRP by market cap. It was valued at more than $ 10 billion at the summit.
Koin’s momentum was bolstered by another approach, which Tesla CEO Elon Musk tweeted a magazine cover with the headline “Vogue”.