What's Going On With Dogecoin Today?

Dogecoin DOGE/USD traded marginally higher in the early hours of Monday.

What’s Moving? DOGE traded 0.76% at $0.32 over 24 hours. For the week, the Shiba Inu-themed cryptocurrency was down 5.5%.

Against Bitcoin BTC/USD and Ethereum ETH/USD, DOGE fell 1.62% and 1.78% respectively.

DOGE has skyrocketed 5,527.12% since the beginning of 2021.

See Also: How To Buy Dogecoin (DOGE)

Why Is It Moving? DOGE was in the green in tandem with major coins as the global cryptocurrency market cap rose 2.01% to $2.15 trillion at press time.

See Also: Why Is Dogecoin Knockoff DogeCash Spiking Today?

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

On Sunday, Dogecoin Core 1.14.4 was released as a minor update that brought with it bug fixes and performance improvements. An important feature included enables upcoming fee reductions.

DOGE co-creator Billy Markus clarified that the fee reduction would not be instant, but would rather come in a two-stage update.

Meanwhile, Kaleo, a cryptocurrency trader and popular Twitter-based analyst, advised his followers to buy a bag of Dogecoin and then forget about it.

“​​Buy a bag. Forget about it. Enjoy the memes this fall,” tweeted Kaleo.

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