Dogecoin is in the top 10 again! The meme coin has once again returned to the top 10 cryptocurrencies by market cap, after Tesla CEO Elon Musk announced that the company will start accepting payments in Dogecoin.
Tesla will make some merch buyable with Doge & see how it goes
— Elon Musk (@elonmusk) December 14, 2021
The Twitter post of Musk, who describes himself as the “Doge father”, made the famous meme coin rise from $ 21.20 billion to $ 25.83 billion in 6 minutes.
Currently trading on Terra (LUNA), DOGE has become the most traded token on Binance Smart Chain (BSC), pumping more than $4 billion in a short time.
According to CoinMarketCap data, Doge is currently trading at $0.1907 and has a market cap of $25.24 billion, up 20.48% in the last 24 hours.
As a result of rising inflation and economic uncertainty, the cryptocurrency market ranked Dogecoin among the ten most popular terms in Google searches in 2021. The contribution of celebrities such as Elon Musk should not be denied in this success of DOGE, which has witnessed an astonishing annual profit to date.