It is not the first time that Dogecoin saw a wild climb. It has a tendency to volatile price changes, like many cryptocurrencies. In 2018, the price of dogecoin rose in conjunction with other popular digital currencies. The Dogecoin Price difference in 15th to 19th morning.
Since then, it’s quite out of the radar. However, Dogecoin rushed behind the enthusiasm of a Reddit group called SatoshiStreetBets earlier this year. On April 14, dogecoin reached a milestone of 10 cents, just two days before. The Elon Musk Meme- crypto-currency reached an all-time high after every tweet being posted.
Similar to the WallStreetBets subtitle which contributed to fueling a rally of GameStop shares at the beginning of 2021, SatoshiStreetBets intends to pump cryptocurrencies prices up.
Dogecoin Price difference
On 15th April 2021, the price of Dogecoin was recorded to be 0.13 INR. From 8th February to 15th April, the price of Dogecoin was noted to be steady without any deviations within the range of 0.08 to 0.13 INR.
On 16th April 2021, the price of Dogecoin reached 0.3 INR which is dramatically high as this peak price was not recorded for almost a year. This sudden rise in Dogecoin’s price has many reasons but Elon Musk’s tweet is considered to be one of the important reasons for Dogecoin’s rally.
On 17th April 2021, Dogecoin’s price went even beyond the marginal price range of 0.3 INR to 0.33 INR. Following a zig-zag pattern, the price of Dogecoin fell to 0.31 INR on 18th April and again recovered to its all-time high to 0.33 INR on 19th April 2021.
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