Dogecoin about marking nine years of existence, here is its true 'meme age' DOGE DogeFam DOGECommunity Dogecoinrise
In terms of market capitalization, DOGE is now the 10th largest cryptocurrency with a market valuation of $7.78 billion. Dogecoin also enjoys a strong following on social media. The meme coin's Twitter account has a following of over 3.4 million.
Dogecoin also sees love from eminent personalities, one of which is the Tesla CEO. Elon Musk has been a staunch supporter of Dogecoin since April 2019, when he tweeted about the meme coin being his favorite cryptocurrency.Dogecoin reached an all-time high of $0.76 in May 2021, just before Musk's appearance on"Saturday Night Live." Dogecoin is down 92% from this peak at a current price of $0.058.
Currently, two key releases — core update 1.14.7 and 1.21, referred to as"a foundation for future" — are in the works.According to Dogecoin developer Patrick Lodder, the proposed timeline for the 1.21 update is around March 2023. On the other hand, the developer anticipates the release of 1.14.7 this year as he plans to put up a release strategy as soon as a few more fixes and features are added, making it a significant release.
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