Bitcoin
BTC$30 326.91

1.12%

Ethereum
ETH$2 076.58

2.21%

Tether
USDT$0.999001

0.01%

USD Coin
USDC$1.000230

-0.02%

Binance Coin
BNB$304.44

2.05%

XRP
XRP$0.435585

2.31%

DOGE soars 80% on the day to become 10th largest crypto by market cap


14 Apr 2021

#Dogecoin

Being a "cute" and meme-like cryptocurrency has not prevented Dogecoin from seeing some serious, record-breaking price action amid the crypto market rally this week. Dogecoin (DOGE), the notorious meme-like cryptocurrency that continues to invite both affectionate hype and thinly-concealed derision, has posted some of the highest gains in the cryptocurrency market this week.

As of the time of writing, the cryptocurrency is trading at around $0.137 — up an eye-popping 86% over the past 24 hours, and over 122% over the past seven days. Its rally has secured a place for the coin amongst the top 10 largest cryptocurrencies by market capitalization, according to CoinMarketCap data.

DOGE's steep rise reflects the extremely bullish climate in the wider cryptocurrency markets at present: today's Nasdaq listing of major American cryptocurrency exchange Coinbase's COIN stock has further fed into the excitement, contributing to record-breaking rallies for both Bitcoin (BTC) and Ether (ETH) this week. Yet the "joke" coin's parabolic price moves also potentially reflect the consistent endorsement of the coin by high-profile celebrities such as Elon Musk, Snoop Dogg, Gene Simmons and others. Musk's role in raising the profile of the coin was so conspicuous that it even sparked rumors in February this year of a possible investigation by U.S. securities regulators into his possible influence on Dogecoin's price.

The coin has gathered followers in all sorts of corners of the media, sports and entertainment spheres. In a tweet posted today, April 14, Mark Cuban noted that The Dallas Mavericks' merchandise store has seen a 550% increase in transactions in DOGE over the past month. "We have now sold more than 122k Doge in merchandise," he revealed. Already in early March, Cuban claimed the basketball team merch store had become the "largest Dogecoin merchant in the world."

In a further sign of the health of its fanbase, r/Dogecoin was the third-most active crypto-related group on Reddit earlier this month, trailing only behind the prominent r/CryptoCurrency and r/Bitcoin groups, according to research from Messari's Mira Christanto.


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Top Cryptocurrencies with Price Predictions

# Crypto Prediction Accuracy CVIX Price 24h 7d Market Cap 7d price change
1 Bitcoin (BTC) BTC Bitcoin predictions 65.6% 74 $30 326.91 1.12% -1.69% $577 507 167 326 BTC 7 days price change
2 Ethereum (ETH) ETH Ethereum predictions 66.4% 75 $2 076.58 2.21% -10.32% $250 891 465 462 ETH 7 days price change
3 Tether (USDT) USDT Tether predictions 96% 1 $0.999001 0.01% -0.08% $75 676 462 108 USDT 7 days price change
4 USD Coin (USDC) USDC USD Coin predictions 96% 1 $1.000230 -0.02% -0.04% $52 257 987 348 USDC 7 days price change
5 Binance Coin (BNB) BNB Binance Coin predictions 65.6% 71 $304.44 2.05% -3.10% $49 708 837 503 BNB 7 days price change
6 XRP (XRP) XRP XRP predictions 66.8% 66 $0.435585 2.31% -13.81% $21 057 536 595 XRP 7 days price change
7 Cardano (ADA) ADA Cardano predictions 68.8% 66 $0.575630 2.12% -8.16% $19 421 209 986 ADA 7 days price change
8 Solana (SOL) SOL Solana predictions 63.2% 76 $56.43 3.88% -13.30% $19 038 552 817 SOL 7 days price change
9 Binance USD (BUSD) BUSD Binance USD predictions 96% 1 $1.002005 0.22% 0.35% $18 231 060 479 BUSD 7 days price change
10 Dogecoin (DOGE) DOGE Dogecoin predictions 62.4% 73 $0.089988 2.40% -16.42% $11 938 784 018 DOGE 7 days price change
11 Polkadot (DOT) DOT Polkadot predictions 67.2% 74 $11.01 1.97% -0.91% $10 874 092 462 DOT 7 days price change
12 Avalanche (AVAX) AVAX Avalanche predictions 66.4% 75 $34.13 2.44% -22.27% $9 183 931 187 AVAX 7 days price change
13 Wrapped Bitcoin (WBTC) WBTC Wrapped Bitcoin predictions 67.2% 74 $30 349.83 1.15% -1.21% $8 599 743 334 WBTC 7 days price change
14 TRON (TRX) TRX TRON predictions 71.6% 60 $0.072402 4.12% -4.60% $7 070 299 328 TRX 7 days price change
15 SHIBA INU (SHIB) SHIB SHIBA INU predictions 64.8% 75 $0.000013 4.03% -21.64% $6 883 934 346 SHIB 7 days price change

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