What's Going On With Dogecoin Today?

Dogecoin DOGE/USD traded 3% higher at $0.3017 in the early hours of Thursday.

What’s Moving? The Shiba Inu-themed coin gained 10.09% in a seven-day trailing period. 

Against major cryptocurrencies Bitcoin BTC/USD and Ethereum ETH/USD, DOGE traded 3% and 3.2% higher, respectively.

DOGE has skyrocketed 5,201.3% since 2021 began. The meme cryptocurrency traded about 59% lower from its all-time high of $0.74, which it touched in May.

See Also: How To Buy Dogecoin (DOGE)

Why Is It Moving? DOGE is bucking the trend today, with both Bitcoin and Ethereum trading in the red at press time when the global cryptocurrency market cap is down 0.6% to $1.91 trillion.

Robinhood Markets Inc. HOOD disclosed Wednesday that 62% of its cryptocurrency came from Dogecoin alone.

DOGE was among the top ten most mentioned cryptocurrencies on Twitter Inc’s TWTR platform at press time, as per data from Cointrendz.

The hashtag "dogecoinmanifesto" trended on Twitter on Wednesday, which according to the YouTuber Matt Wallace gained traction after rumors spread that Walmart Inc WMT was seeing and considering tweets that pushed for DOGE acceptance at the retail giant.

See Also: Dogecoin Fans Reach Walmart With Puppy Eyes, Calling For Adoption

Meanwhile, Dogecoin Foundation, which was reinvigorated after a span of six years, is said to be considering ‘crypto friendly’ Liechtenstein for its headquarters.

Also in the news was a band of DOGE influencers who are putting on “The DOGE Conference” where speakers, musical artists stand a chance to win a Tesla Inc TSLA Cybertruck. 

The conference is slated to take place in March 2022 in Las Vegas.

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