Dogecoin traders push “Dogee Day” to raise prices

Dogecoin, cryptocurrency started as a joke, Now has a market value that can’t be laughed at: over $ 50 billion. On Tuesday, Dogecoin traders were trying to push prices up to match the dates associated with cannabis smoking, April 20th or April 20th.

On Twitter, the hashtags #DogeDay and # Doge420 were the trends. According to CoinDesk, the recent surge in Dogecoin prices fluctuated between profits and losses on Tuesday, trading at around 40 cents. It was about 5 cents a month ago.

The spillover effect of the boom in the crypto market is widespread. CoinbaseThe cryptocurrency exchange, which was released last week and has helped bring the industry mainstream, has a market value of $ 66 billion. Central Bank We have stepped up our plans to explore digital currencies to provide people with a secure alternative to their unmanageable cryptocurrencies. on Monday, Bank of England It was the latest to announce that it was considering a central bank digital currency.

Cryptocurrency and related stock prices fell on Tuesday morning. Bitcoin fell 1%, just above $ 55,000. Shares in Coinbase and Riot Blockchain were slightly lower in pre-market transactions.

Dogecoin traders push “Dogee Day” to raise prices

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