The Meme cryptocurrency is up another 50 percent, actually reaching the $ 0.10 mark. A few years ago, no one would have thought this possible for me. But Dogecoin finds an immense appeal in the community, which is also shown by the daily trading volume.
In the last 24 hours, a trading volume of 3.97 billion US dollars was recorded. This puts Dogecoin ahead of Cardano, Tron, Litecoin, Bitcoin Cash and Stellar.
Of course, there may be a cooling in the following days, as the air runs out at some point in such a rally, but the same was thought to be the case with the rise to $0.05.
Should Dogecoin actually continue in this form, then far higher price levels are possible. You should always keep an eye on the market capitalization. To say Dogecoin rises to $10, for example, would be extremely unlikely, if not completely ruled out, as one would thus have a market capitalization further above Bitcoin.
Should Dogecoin succeed in increasing by a factor of 10, which would of course be utopian, then Doge would be traded for $1 and would currently rank 3 by market capitalization.