DOGE Touches $0.3 After 100% Surge Today: Price Analysis

DOGE touches $0.3 earlier today after a 100% surge with the coin continuously seeing new records and blowing people’s minds as we can see more in our latest Dogecoin news today.

It’s not boring these days in crypto as the popular meme coin DOGE touches $0.3 to a new ATH and became the eighth biggest cryptos by market cap surpassing the giants like Motorola and Delta Airlines by the metric. DOGE has always been able to remain in the center of attention and the past week was no exception, DOGE traded at $0.06 a week ago but there’s no other word to explain this better as the coin exploded in value soon after again.

To be more precise, DOGE made a 100% surge and registered a new ATH of $0.3 earlier today. The asset entered the top ten coins by market cap with it still going north to the current position as the 8^th biggest cryptocurrency. Furthermore, the coin surpassed some popular companies as well as per the data by AssetDash. DOGE is now the 400^th biggest asset by market cap that places it in front of names like Komatsu, Motorola Solutions, and Delta Airlines.

Dogecoin sees impressive adoption from celebrities as well as most recently, the billionaire investor and owner of the Dallas Mavericks Mark Cuban enabled DOGE payments for the tickets and merch for his team while vowing to never sell one coin ever. Speaking of celebrity endorsements, no one is more vocal about DOGE than Elon Musk. Apart from posting about the token like yesterday’s “DOGE Barking At the MOON” picture, Musk bought some more coins for his son a few months back.

If Musk holds the coins for his son, he could end up sitting on some major profits in the future. DOGE traded at $0.07 when Musk made the statement and now the price is set at $0.24 which means a return of investment of 250% in two months.

As previously reported, Huobi plans to expand in Turkey and wants to become the biggest international player that will launch trading of the Turkish Libra. Huobi explained that the first step towards the expansion of the Turkish market should go live by the end of this year. The exchange wants to strengthen its position in Turkey by acknowledging the prospective and active market in the country based on data about crypto ownership. There will be a dedicated outpost that will administer the company in Turkey with Turkish language support already live on the website.