at this time I will share some important things why Dogecoin can rise quickly in such a fast period of time. Dogecoin was originally presented as a joke. It is now in the 10 largest crypto assets with a market capitalization of US$34 billion or equivalent to Rp.493 trillion (assuming Rp.14,500/US$). The cryptocurrency is based on the "Doge" meme, which became popular in late 2013. The meme depicts a Shiba Inu dog alongside nonsensical phrases in the colorful Comic Sans font text. How Elon Musk Makes Dogecoin an 'Internet Currency' What is Dogecoin, Elon Musk's Pumped Cryptocurrency Attention! RI Will Create a Crypto 'Currency' Exchange Created in 2013 by software engineers Billy Markus and Jackson Palmer, Dogecoin was intended to be used as a faster but "fun" alternative to Bitcoin. Since then, the online community has grown rapidly. And now, Dogecoin has taken many by surprise with a market cap of US$34. billion, according to crypto market site CoinGecko. A market cap of US$19.9 billion increased in the last 24 hours. The cryptocurrency hit an all-time high of nearly 28 US cents this morning, more than double its price the day before. The increase in the price of Dogecoin was driven by the enthusiasm of a Raddit group called SatoshiStreetBets which aims to increase the price of cryptocurrency. In the last seven days the price of Dogecoin has increased by 300%. A Reddit user posted a photo of their Dogecoin holdings on investment app Robinhood. "Hey guys, I just became a millionaire from Dogecoin," said the user, showing the balance of US$1.08 million in his account,
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