{"id":290884,"date":"2021-06-03T07:09:26","date_gmt":"2021-06-03T11:09:26","guid":{"rendered":"https:\/\/insidebitcoins.com\/?p=290884"},"modified":"2023-07-12T10:48:36","modified_gmt":"2023-07-12T10:48:36","slug":"dogecoin-hits-0-428-after-14-increase-how-to-buy-dogecoin","status":"publish","type":"post","link":"https:\/\/insidebitcoins.com\/news\/dogecoin-hits-0-428-after-14-increase-how-to-buy-dogecoin","title":{"rendered":"Dogecoin Hits $0.428 after 14% Increase – How to Buy Dogecoin"},"content":{"rendered":"
Dogecoin is a meme-based token that has increased in price by 12,000% since the beginning of the year. One of the reasons behind Dogecoin’s price hike is Elon Musk<\/a>, the Dogefather. As a major DOGE advocate, Musk has fuelled the token’s price surge through multiple tweet updates.<\/p>\n DOGE’s all-time high was achieved on May 8 when the token traded for $0.731. However, shortly after Musk’s appearance on Saturday Night Live, DOGE dived, dropping by over 30%. The token has since been showing resilience, and at the time of writing, DOGE was trading at $0.42.<\/p>\n Since the middle of the week, Dogecoin’s price has increased massively, and it is regaining its bullishness after the massive crypto crash in May. One of the main factors behind DOGE’s recovery is its addition to Coinbase Pro<\/a>.<\/p>\n Coinbase Pro added support for trading DOGE, and investors have gladly welcomed the news stating that it could boost the token’s legitimacy in being used as a medium of exchange. The news has led to increased demand, which has consecutively led to the token’s price increase.<\/p>\nDogecoin is Still Bullish<\/h2>\n