Dogecoin humorous memes and jokes rise after Reddit Frenzy elevated memebased cryptocurrency by over 800%. Unimaginable reactions are flooding Twitter
What’s happening? While we’re still pondering the insane surge in GameStop stocks, the brief squeeze craze over Reddit stocks has spread to the world of cryptocurrencies. DOGE, which started as a joke in 2013, is now the 10th most important cryptocurrency by market value, right behind Bitcoin Cash and ahead of BNB. Doge’s price rose and Doge was reportedly worth over $ 12 million in the past 24 hours. It’s amazing for the internet users! As the price went up, so did Dogecoin’s funny memes and jokes. The reactions to Dogecoin increasing in value in just one day have been hilarious AF and all over Twitter.
The world saw the power of the Reddit community that caused GameStop stock to take off. The video game retailer’s stock rose to an all-time high of nearly $ 373 on Jan. 27. And now it’s the doge meme! Dogecoin was created in 2013 based on the popular ‘Doge’ meme that featured a Shiba Inu dog. Dogecoin’s logo is Shiba Inu. It started as a joke but eventually found community. The resurgence in the last few days is due to the buzz of a Reddit group called SatoshiStreetBets.
Doge’s price reportedly rose to an all-time high of $ 0.082 per Messari before settling at $ 0.073, an increase of 822% in 24 hours. It certainly caught the imagination of the crypto package and beyond. Elon Musk, CEO of Tesla tweeted a picture of the Vogue cover that featured a “Dogue”. Users on Twitter and Reddit understood this to mean that he threw his support behind the Doge rally.
Here is Elon Musk’s tweet:
– Elon Musk (@elonmusk) January 28, 2021
People are going crazy! There are funny, hilarious memes and jokes made by Dogecoin on social media and you need to take a look.
Check out Dogecoin Funny Memes
Yesterday: “Why you put so much into #dogecoin is a literal meme”
My friends now: pic.twitter.com/gFgykpTfE0
– Stephen A. Smith Burner (@SASBurnerAcct) January 29, 2021
I check my #dogecoin pic.twitter.com/DVY7ocVrNE every five minutes
– Alexander Hernandez (@ zander_herndz96), January 29, 2021
Me: Investing in #dogecoin at $ .02 this morning vs Me: staying strong 10 hours later at $ .07 pic.twitter.com/ydeXZIYInl
– Mateo (@The_Parselmouth) Jan 29, 2021
I watch the #dogcoin chart rise further. pic.twitter.com/lINU0ZPtCw
– Osama Bin Ballin (@ CRek6) January 29, 2021
I after my $ 100 in #dogecoin pic.twitter.com/5Q1Das2tc1
– Avalon Putney (@AvalonPutney) January 29, 2021
Raise your hand if you made money on #dogecoin pic.twitter.com/mE9853ga5F today
– Amundred (@ amundred1) January 29, 2021
When #dogecoin hits $ 1, I tell my kids that it was Neil Armstrong. pic.twitter.com/CCjTmxaYvk
-. (@ oscarr_13) January 29, 2021
Mars is calling
#dogecoin is wrapping so hard right now. Get ready for our flight to MARS BABY! pic.twitter.com/61ewgfLyxd
– Pacha (achaPachaStocks), January 29, 2021
I check #dogecoin pic.twitter.com/WiP6Z815p9 every 5 minutes
– Marlique (@MarliquePierreL) January 29, 2021
I’ll use it to buy my lunch tomorrow #dogecoin pic.twitter.com/elgnUm8i31
– Jerrod Scott (@_jerrod_scott_) January 29, 2021
Stonks and Doge
We will break the stock market! #dogecoin #ToTheMoon 🚀🚀🚀📈📈📈 pic.twitter.com/hy5jQQPdHp
– Doge Coin Investor @ (@TheDogeInvestor) January 29, 2021
Hopes are high!
Me in 2 weeks after selling #dogecoin for $ 2 a coin pic.twitter.com/L6Ci0NSvzM
– Finlay Mason (@finlay_mason) January 29, 2021
To the moon
What a wild day … raised from 1 cent to 7 cents … TO THE MOON #dogecoin pic.twitter.com/D02PAANJsn
– Chibi Reviews (@ChibiReviews) January 29, 2021
I watch my phone #dogecoin pic.twitter.com/R9xLcgBST1 all day
– DOGE CHAIRMAN (@TheSickWorld) January 29, 2021
#dogecoin today you made me more than ever 🥺🙏🏼 pic.twitter.com/LVS71Lm4dC
– Jen💰 (@JenessaOfficial) January 29, 2021
The coin has never received as much love in the crypto verse as its rivals. However, the users of the Reddit forum ensured that the cryptocurrency was advertised in order to reproduce the amazing profits for GameStop and other sharply shortened stocks.
(The above story first appeared on January 29, 2021 at 11:15 am IST. For more politics, world, sport, entertainment, and lifestyle news and updates, visit our website at latestly.com.)