On April 13, the price of Dogecoin (DOGE) increased by 36% to reach a new all-time-high at US$0.0961. Experts are yet to find any exact reason for this significant rally. However, in today’s post-pandemic business reopenings, many businesses have started to consider the most popular meme coin of the crypto market as a payment option.
TradingView data shows that the DOGE price increased from a low of US$0.07 in the early hours on April 13, 2021, to an intraday high of US$0.0961. At the time of ATH, the trading volume was US$5.4 million.
DOGE-related tweets on the timelines of celebrities and influencers (such as Elon Musk, Mark Cuban, and Snoop Dogg) show that they are proud members of the “Dogecoin Army”. In fact, the price growth of Dogecoin in 2021 has become one of the biggest news.
The cryptocurrency market is witnessing new signals of widespread adoption, especially after mainstream attention due to stellar performances by Bitcoin (BTC), DOGECOIN (DOGE), and other major altcoins. Celebrity endorsements are encouraging new users to enter the crypto space for achieving the next big moonshot.