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Crypto markets saw billions of dollars in gains Monday morning after months of ‘ranging,’ data from multiple sources shows.
Elon Musk‘s participation at ‘The B Word’ conference, an event hosted by the Crypto Council for Innovation, resonated loudly in mainstream media as well as on Twitter as the Tesla and SpaceX CEO revealed the makeup of his crypto reaches, gently boosting Bitcoin (BTC), Ethereum (ETH) and Dogecoin (DOGE) prices.
Data compiled by Coinbase shows that Dogecoin (DOGE) trading volumes surged 1,250% in the second quarter of 2021, as reported by Business Insider.
July 20, 2021, is a day all Dogecoin fans need to be aware of.
Celebrities shilling meme coins like Dogecoin, Shiba Inu, and Baby Doge Coin became a recurring theme throughout 2020 as the crypto markets rose.
Videos that feature Tesla’s owner Elon Musk shouting “Daddy Doge” before getting into a car ended up pumping the new meme token’s value 798.5%. This month has witnessed plenty of dog meme token action thanks to the notorious crypto influencer’s voice.
Jackson Palmer, who co-created Dogecoin with Billy Markus in 2013, dropped what many would consider a truth bomb about the cryptocurrency space.
The crypto market took a turn for the worse today yet again as literally all top 100 cryptocurrencies—except stablecoins—have plunged into the red zone across the board.
Data on crypto exchange trading volumes show a fall of more than 40% in June.
They say all good things come to an end, and the Elon Musk-inflicted Dogecoin pump is no stranger to that.