Cryptocurrencies
TikTok Takes on Crypto With Dogecoin Soaring 40% in 24 Hours
- Dogecoin surges thanks to the latest TikTok challenge
- ‘Stay Safe. Be Smart,’ Dogecoin Twitter tells investors
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As TikTok users spend more time at home, their priorities appear to have shifted from whipping up the perfect Dalgona coffee to manipulating the crypto market. Enter, the Dogecoin Challenge.
Dogecoin is a cryptocurrency jokingly established in December 2013 that features the bygone Doge meme as its logo. Among the latest in an endless series of TikTok trends, users are encouraged to invest in the currency, acting under the assumption that there is serious money to be made if the coin’s price hits $1. It currently sits at $0.0039.