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Dogecoin’s daily rise reaches double digits
Dogecoin is up over 17 in the past day and 32 in a week. Driven by social media such as Twitter, American TikTok and Facebook, Dogecoin has remained popular. At the same time, other animal coins also experienced varying degrees of rise.
When programmers Billy Marcus and Jackson Palmer launched Dogecoin on December 6, 2013, they had no idea that Dogecoin would rise to the point it has. Dogecoin was a complete joke when it was released 7 years and 8 months ago.
On Sunday, August 15, when Dogecoin posted on Twitter, American TikTok and Facebook, there were already thousands of tweets pushing the word dog.
TikTok has also been mentioned 8.2 million times. In one day on Facebook, more than 1,000 people tagged Dogecoin as a personal tag.
According to Google statistics, the country with the most searches for "Dogecoin" on Saturday and Sunday in the world is Turkey, followed by the United States, Canada, the Netherlands and Singapore.
Earlier in the Premier League, players had Dogecoin logos on their clothes, and global searches for "Dogecoin" surged on Sunday.
Dogecoin is currently trading at $0.339, with global trading volume on Sunday of approximately $6.4 billion. The most traded currency is USDT, with a trading volume of 69.8. This is followed by USD (11.49), BUSD (5.75), BTC (5.40) and Turkish Lira (3.51).
In the past few months, the trading volume of Dogecoin and Turkish Lira has been very large, and they have been in the top five for a long time.
Network data shows that the average Dogecoin mining fee is 2.11 DOGE. Trading volume in the past day was approximately 17,900.
On August 15, the Dogecoin network hash rate was 214.48 terahash (TH/s). Dogecoin’s network proof-of-work (PoW) Scrypt system requires 526 confirmations to be as secure as Bitcoin’s system compared to Bitcoin’s system.
Currently, the price of Dogecoin is down 53 from its previous highest price. Three months ago, the price of Dogecoin was $0.737.
A large number of animal coins were up on Sunday. For example, Shiba Inu (SHIB) is up 11.9 this week and polydoge (POLYDOGE) is up 43 in the same time frame. Dogecoin is up 98.30 over the past month and 9,538 over the past 12 months.
While other animal coins have risen sharply, some have also fallen sharply. For example, BABYDOGE has fallen by 21 in the past week.
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