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Monday, April 12, 2021 10:57:11 AM
https://www.yahoo.com/finance/news/why-dogecoin-20-163451966.html
Meme cryptocurrency Dogecoin (CRYPTO: DOGE) is seeing major upwards movement in line with a rise in Bitcoin and as Tesla Inc (NASDAQ: TSLA) Elon Musk has again chimed in.
Dogecoin has seen its price rise this weekend as Bitcoin (CRYPTO: BTC) again approached all-time-high levels and Musk suggested that it would be "going to the moon very soon" in a recent tweet.
Dogecoin reached a high of $0.078 after a 20% increase from its 24-hour low of $0.0625. The coin is currently priced at $0.071, up 1,379% from this year's low of $0.0048 reported in January.
Like any other altcoin, Dogecoin is operating on the tracks set by Bitcoin and its movement.
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