Dogecoin’s trading volume reached $ 5 billion and surpassed that of Bitcoin for the first time

Dogecoin had already had a couple of wild rallies. This time it's related to someone calling himself the president of WallStreetBets, the group that drove GameStop's stock price up.

Dogecoin (DOGE) is up 80% in one day and trading volume has soared more than 800% as the altcoin records a spike in publicity with a known source.

Dogecoin, the crypto that was born as a joke and is going to be worth more than the peso.

What happened to the cryptocurrency meme and why did it go up so much.
Dogecoin, the crypto that was born as a joke.
Dogecoin (called DOGE / BTC) is, beyond Bitcoin, one of the cryptocurrencies of the moment. The digital currency, which originated as a joke between friends surrounding the popular "doge '" meme, was skyrocketing as high as 800% in one of its markets yesterday after the Reddit rally set its eyes on it and comments for make it the equivalent of GameStop, the move that upset Wall Street so much.

The price of the coin, according to data from Investing.com for the Binance market, climbed 336%, to stand at 0.00000109, its maximum of the day, with 26.300 million traded during its trading hours. The group that made this evolution possible is called "SatoshStreetBets" and, like WallStreetBets, it wants to boost the price of cryptocurrencies.

Dogecoin is already in the top 10 of cryptocurrencies
with higher capitalization.

The self-described leader of the reddit group tweeted that "Dogecoin never reached $ 1" and immediately buy orders were triggered and the price spiked.
The question had 3.6 thousand retweets and more than 800 responses. Some of the followers told you that they bought Dogecoin a while ago and are happy about their current earnings; Others, instead, responded that the Dogecoin thing was a distraction and the real gains were being given by the shares of GameStop.