Dogecoin (DOGE), the meme cryptocurrency that was started on December 6, 2013, has increased to new heights this week.

2021 has been a wild year for DOGE holders, as the crypto reached an all-time high at $0.143 per token on April 14th.

The token has increase over 104% against the dollar in the past seven days and last week grew by 82% against Bitcoin. The cryptocurrency featuring the mascot of a Shiba Inu dog has seen a whopping +1,181% gain in just the past three months.

Elon Musk has touted dogecoin and other celebs have been public DOGE fans as well. This week, the American food reality TV star Guy Fieri brought dogecoin to “Flavortown, USA” when he tweeted about the token.

“Rollin’ out to the MOON., he said in a tweet with a emoji rocket and a dogecoin hashtag. Overnight trading then saw DOGE increase by 20% during the day on April 14.

Meanwhile, in a similar move to Tesla accepting Bitcoin as payment, Mark Cuban, the owner of the Dallas Mavericks, announced that his team had been getting a lot of dogecoin sales, and that the team won’t be exchanging the tokens for Dollars anytime soon.

If his team are planning to keep dogecoin on their balance sheet, then the NBA team could be the first company to do so.

This is while the worldwide search trend for the term “DOGE” is growing rapidly.

At the time of this writing, DOGE is trading for $0.123 to $0.132 per token.

Author: Steven Sinclaire

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