Has the Doge had its day? Dogecoin interest cools

Cointelegraph

Published Jun 18, 2021 04:06AM ET

Updated Jun 18, 2021 05:40AM ET

Dogecoin (DOGE) hogged the spotlight on a tightly crowded stage throughout most of 2021, as Bitcoin (BTC) and the wider cryptocurrency market climbed to new all-time highs.

Fueled by the social media flirtation of an eccentric billionaire, and the coordinated efforts of strategic Reddit traders, Dogecoin’s value increased 15,000% since the turn of the year when it peaked in early May.

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