Dogecoin vs SafeMoon: Latest Prices, Stats, and Trading Info – Is Dogecoin Sinking? | City & Economy | Finances

However, the currency has rallied a bit to $ 0.215232 (GBP 0.16) at the time of writing.

DOGE has seen a boost thanks to celebrity support and social media campaigns. SpaceX founder Elon Musk tweeted his more than 50 million followers about crypto.

Capital.com released statistics showing that as of the beginning of this week, more than 76 percent of all trades executed on Capital.com, the high-growth trading and investment platform, are related to the cryptocurrency markets.

This is a significant jump from last month when only 43 percent of all trades were in cryptocurrency markets.