cointelegraph.com
Dogecoin (DOGE) price experienced a strong 36% rally on April 13 and established a new all-time high at $0.0961. While the exact reason for the rally is unknown, the crypto market's most popular meme coin now finds itself on the shortlist of cryptocurrencies being considered as a payment option in today's post-pandemic business reopenings.
While the exact reason for the rally is unknown, the crypto market's most popular meme coin now finds itself on the shortlist of cryptocurrencies being considered as a payment option in today's post-pandemic business reopenings.
Data from Cointelegraph Markets and TradingView shows that DOGE rose 36% from a low of $0.07 in the early hours on Tuesday to an intraday high of $0.0961 on $5.4 billion of trading volume.
As seen in the chart above, the VORTECS™ Score for DOGE first began turning green on April 8 and then reached a high of 67 on April 10 around three hours before staging a brief 30% rally on April 11. Following that rally, the VORTECS™ Score began to rapidly rise on April 12 and reached a high of 87 on April 13 as DOGE began to rally another 40%.
Now that cryptocurrencies are receiving mainstream attention with new signs of adoption showing up daily, projects with large communities and celebrity endorsements like Dogecoin are poised to see a fresh wave of interest as new users enter the space looking for the next big moonshot.
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