Everyone's favorite meme cryptocurrency has delivered 12,600% gains in a year and likely created a string of millionaires. Dogecoin (DOGE), the meme-based altcoin which has become a favorite talking point of Elon Musk, has doubled in 24 hours to hit all-time highs of $0.29.
Cointelegraph Markets Pro and TradingView showed DOGE/USD outperforming other major cryptocurrencies by an order of magnitude on April 16. In what appears an almost unbelievable move, Dogecoin has also become the eighth-largest cryptocurrency by market cap, surpassing Litecoin (LTC), Chainlink (LINK) and Uniswap (UNI) among others.
At the time of writing, a single DOGE traded at around $0.25. Gains on any timeframe remained beyond impressive — 80% on the day, 300% over the past week and year-to-date returns in excess of 5,000%.
Versus the same date one year ago, shortly after the pit of the brief 2020 bear market, Dogecoin is up 12,600%. Reacting, it appeared that even professional traders had been caught by surprise.
"This is the first DOGE pump I have missed in years, but I still absolutely love to see it. Favorite asset of all time, changed my life in 2017. Happy for you guys who are in it, innit?" Scott Melker tweeted.
As with altcoins more broadly, meanwhile, Doge's historic reversal of fortune came at the expense of Bitcoin (BTC) on the day, with the largest cryptocurrency seeing a forecast retest of previous all-time highs around $61,000. Several tests of $61,000 support left the door open for further dips on Friday, bringing daily losses to around 2.8%.
# | Crypto | Prediction | Accuracy | CVIX | Price | 24h | 7d | Market Cap | 7d price change | |
1 | BTC | Bitcoin predictions | 82% | 25 | $63 815.31 | 0.78% | -1.07% | $1 256 554 608 678 | ||
---|---|---|---|---|---|---|---|---|---|---|
2 | ETH | Ethereum predictions | 74.4% | 46 | $3 124.40 | 0.52% | 1.44% | $381 330 999 032 | ||
3 | USDT | Tether predictions | 92.8% | 1 | $0.999843 | 0.03% | -0.07% | $110 446 193 355 | ||
4 | BNB | Binance Coin predictions | 85.2% | 20 | $602.43 | -0.56% | 7.79% | $88 912 095 136 | ||
5 | SOL | Solana predictions | 63.6% | 70 | $143.42 | -0.87% | -1.68% | $64 130 689 188 | ||
6 | USDC | USD Coin predictions | 91.2% | 2 | $1.000198 | -0.03% | 0.01% | $33 401 360 317 | ||
7 | XRP | XRP predictions | 67.6% | 68 | $0.520560 | 0.38% | 4.52% | $28 698 013 565 | ||
8 | DOGE | Dogecoin predictions | 68% | 65 | $0.148629 | -0.37% | -2.28% | $21 409 208 005 | ||
9 | TON | Toncoin predictions | 66% | 65 | $5.35 | 1.72% | -16.70% | $18 572 417 117 | ||
10 | ADA | Cardano predictions | 61.6% | 77 | $0.467285 | 0.13% | -1.12% | $16 651 184 357 | ||
11 | SHIB | SHIBA INU predictions | 59.2% | 82 | $0.000025 | 0.74% | 10.09% | $14 847 671 643 | ||
12 | AVAX | Avalanche predictions | 63.2% | 75 | $35.21 | 0.41% | -0.48% | $13 317 024 856 | ||
13 | TRX | TRON predictions | 82.8% | 21 | $0.119203 | 2.89% | 8.55% | $10 438 119 297 | ||
14 | WTRX | Wrapped TRON predictions | 84.8% | 18 | $0.119092 | 2.83% | 8.76% | $10 428 420 113 | ||
15 | STETH | Lido stETH predictions | 91.2% | 1 | $2 941.39 | -0.40% | -3.32% | $10 258 752 564 |
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