Dogecoin’s market value soared 400% in a week, reaching $50 billion at one time

On April 21 was regarded as a joke before, Dogecoin began to show its edge after Musk brought the goods, and now the scale cannot be underestimated. According to CoinMarketCap data, Dogecoin has risen by about 400% in the past week, and its total market value has reached approximately US$50 billion.

This even exceeds the market value of Ford or Kraft Heinz, catching up with Twitter.

To put it simply, Dogecoin’s 24-hour increase has jumped to 187.22%, while the seven-day increase has soared by 497.11%. Dogecoin’s 24-hour highest point is about $0.44, but as the theme day on April 20 passed, today A drop of nearly 20% is a big ups and downs.

In addition, statistics also show that Dogecoin has risen by 3,872.55 percent in just three months. It has reached 509.30% in the past month, and the exchange rate against the US dollar has changed as high as 18299.46% in the past 12 months, which is crazy.

Naijatehnews has learned that cryptocurrencies have frequently risen or fallen sharply in the past week, and here is a reminder to all friends not to invest at will.