DOGE Increased In Price By More Than 300%

The DOGE price has risen more than 300% in the last couple of days, regaining the lost positions gained as a result of the previous jump. Dogecoin started 2021 pretty well. The price reached $0.0147. However, then the price dropped and stayed below $0.01.

Now the Dogecoin price has overcome all barriers and has now set a new all-time high at $0.05. At the time of this writing, the DOGE price is fixed at around $0.05192, and the growth was 313%. According to analysts, the price of DOGE may rise to $1.

Amid a sharp rise in the Dogecoin (DOGE) token rate, traders' positions were mass liquidated. Over the past 24 hours, users who have traded a leveraged coin have lost more than $300 mln.

Image: Ars Technica