The Dogecoin digital coin is growing at an aggressive pace amid the general recovery in the cryptocurrency market. At the beginning of the week, this asset began to accelerate, and as early as on Tuesday, the coin showed a monthly maximum, jumping to its highest level since mid-November.
At the time of writing, the cost of cryptocurrency showed an increase of 17%, reaching $ 0.002531. The market capitalization of the cryptocurrency was estimated at $297.31 million.
Initially, the token was nothing more than a joke. Nevertheless, over the past 12 months, the Dogecoin ecosystem is growing at a rapid pace due to activity of social networks users, who are attracted by the nature of the digital asset. If the positive trend continues over the next 24 hours, the value of the coin may jump to $ 0.0029. According to experts, the Dogecoin coin adds not only within the overall dynamics of the market movement, but also due to the growing project ecosystem.
Recently, references to the founder of a digital coin have been increasingly frequent on the network. Recently, Jackson Palmer said that he was categorically against institutional investors. The developer is confident that the arrival of Wall Street players in the industry entails the creation of centralization.
The main cryptocurrency bitcoin on Tuesday is also gaining momentum. Now this asset is trading at $3,558, and the capitalization of the entire crypto-market has grown to $62.02 billion.
DOGECOIN GROWS AND ENTERS COINMARKETCAP TOP 20
Updated: 12/18/2018 15:05
Aggressive and rapid growth shown by Dogecoin cryptocurrency led to showing monthly maximum amid the general recovery in the cryptocurrency market
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Aggressive and rapid growth shown by Dogecoin cryptocurrency led to showing monthly maximum amid the general recovery in the cryptocurrency market
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