Meme cryptocurrency Dogecoin (CRYPTO: DOGE) is seeing main upwards motion in step with an increase in Bitcoin and as Tesla Inc (NASDAQ:TSLA) Elon Musk has once more chimed in.
Dogecoin has seen its value rise this weekend as Bitcoin (CRYPTO: BTC) once more approached all-time-high ranges and Musk instructed that it will be “going to the moon very quickly” in a current tweet.
… going to moon very quickly
— Elon Musk (@elonmusk) April 10, 2021
Dogecoin reached a excessive of $0.078 after a 20% improve from its 24-hour low of $0.0625. The coin is presently priced at $0.071, up 1,379% from this yr’s low of $0.0048 reported in January.
Like every other altcoin, Dogecoin is working on the tracks set by Bitcoin and its motion.
As Benzinga reported earlier at present, the world’s first cryptocurrency approached its all-time excessive value of over $60,000 amid discuss of a provide scarcity.
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