Photographer: Yuriko Nakao / Getty Images
Photographer: Yuriko Nakao / Getty Images
Dogecoin, the digital coin on the Shiba Inu theme, is rebounding and approaching its high level after last week’s crash outcry on Reddit.
The digital coin rose 46% in the last 24 hours to 7.4 cents as of 1pm in New York on Sunday, according to CoinMarketCap data. That’s just short of his record of 7.8 cents posted at the end of January. It now has a market value of $ 9.5 billion, making it the 10th largest cryptocurrency.
The price bounced back over the past week Tesla Inc. co-founder Elon Musk returned from his own Twitter break to post a series of tweets promoting Dogecoin. Starting as a joke in 2013, Dogecoin has been riding a wave of innovative interest on social media, driven by a speculative frenzy of retail investors.
Bitcoin has also rallied this week, surpassing a record of $ 40,000, before you benefit from paring.