Dogecoin jumps 20% as crypto fans declare Doge Day
CNN
All the dogecoins in circulation are now worth more than $53 billion after fans declared April 20 Doge Day on social media with the aim of pushing the digital currency's value to new heights.
The price of a single dogecoin jumped as much as 20% on Tuesday to 42 cents, nearing Friday's all-time high of 45 cents, according to CoinDesk data. On Twitter and Reddit, crypto enthusiasts posted memes featuring the Dogecoin logo, a Shiba Indu dog, with the hashtag #DogeDay and #Doge420. Social media users also drew links between Doge Day and Weed Day, which is celebrated on April 20 by marijuana smokers.
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