[Blockchain Today reporter Han Ji-hye] On the 7th (local time), the price of Dogecoin rose 55% in one day, breaking the previous high again. Following Elon Musk, the addition of famous rapper Snoop Dogg and Gene Simmons, a member of the legendary rock band KISS, to the Dogecoin procession seems to have had an impact.
On this day, the price of Dogecoin surged from $0.056 to $0.0872, and the highest price of Dogecoin was renewed. Since then, the price of Dogecoin has slowed slightly to $0.084. Dogecoin’s price rose 1,380% over the previous year.
The image posted on Twitter by famous rapper Snoop Dogg related to Dogecoin became a hot topic. Afterwards, Elon Musk also posted an image reminiscent of the famous anime Lion King on Twitter.
And Gene Simmons, a member of the legendary rock band KISS, also posted an image related to Dogecoin on Twitter.
The tweets of Dogecoin supporters certainly had a positive effect on Dogecoin. Dogecoin’s market capitalization rose to 7th place, surpassing Bitcoin Cash (11), Chainlink (10), Litecoin (9), and BNB (8). It is reported that the current market capitalization of Dogecoin is around 10.8 billion dollars. Pop music star Kevin Jonas also joined the Twitter procession, but Jonas was confirmed to have not joined Musk’s Lion King meme.
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