DOGE leads the cryptocurrency market to soar, rising 6% within 24 hours

Original memes are the top 20 performing digital assets today.DOGE is currently the top 20 performing digital asset

Original memes are the top 20 performing digital assets today.

DOGE is currently the top 20 performing digital asset. According to CoinGecko's data, the current trading price of the original meme coin is 0.088 US dollars, which has risen by more than 6% within 24 hours.

Its current returns occurred when the rest of the market was in a green state today: Bitcoin rose 1.3% within 24 hours, trading at $30432.

Ethereum, which has just successfully completed its long awaited upgrade, rose 5%, easily exceeding $2000- its last level reached in May.

However, Dogcoin is in a leading position. The eighth largest cryptocurrency by market value has fluctuated in the past week, mainly due to the temporary rise of Elon Musk.

Twitter owners and Tesla owners have long liked DOE (or at least claimed to like it). Last week, DOE's Chaigou meme logo replaced the Blue Bird logo on Twitter without any explanation, and assets briefly flourished.

Then it disappeared and the coin depreciated again. It is currently unclear why DOE is performing so well, but there were reports earlier today that Twitter has partnered with the trading application eToro to allow cryptocurrency and stock trading.

Musk has previously stated that he hopes to integrate encrypted payments into the website - even suggesting that Dogcoin will become Twitter's currency.

The world's second wealthiest person now plans to make Weibo a "all encompassing application".

DOGE was invented by a group of engineers in 2013 as a joke to make fun of Bitcoin, but when ElonMusk began promoting it on Twitter, it gained a fanatical following. At some point, its market value exceeded many companies in the S&P 500 index.

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