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Elon Musk’s favorite meme crypto ‘Dogecoin’ records new high: Check real-time price

The market cap of DogeCoin is currently over $14 billion. This is the highest-ever for cryptocurrency.

New Delhi: It all started with a joke or you can say a meme and now the joke appears to be on the people who didn’t take Dogecoin seriously. Elon Musk’s favorite meme cryptocurrency ‘Dogecoin’ came into global prominence when celebrities like Musk, rapper Snoop Dogg and rock band Kiss’ bassist Gene Simmons took to Twitter to talk about it.

The digital token, symbolized by the Shiba Inu dog breed, shot up to a six-week high after a tweet by Tesla and SpaceX CEO Elon Musk.

Since then Elon Musk wouldn’t stop tweeting about it. On February 1 he expressed his support for Dogecoin in an interview and said it is a ‘good thing’.

Elon Musk's favorite meme crypto 'Dogecoin' records new high: Check real-time price

According to Coindesk, it has risen to 70.22% in the last 24 hours – the highest ever recorded. Dogecoin’s value is $0.122680, or almost 12 cents. (at the time of writing this article)

The market cap of DogeCoin is currently over $14 billion. This is the highest-ever for cryptocurrency.

Watch real-time price here:

Watch internet reactions: 

https://twitter.com/BENBALLER/status/1382192638590259202