Weekend Dogecoin trading saw the shiba inu-themed memecoin reach a market capitalization of over $10 billion, add over 90% in value over the past week and become one of the largest liquidators among futures that track crypto majors. By shauryamalwa
Elsewhere, on-chain transactions on Dogecoin spiked from 25,000 per day last week to over 37,000 as of Monday morning,Musk has been a major supporter of DOGE,
which has become a proxy for sentiment about him. The entrepreneur's statements about the token have also consistently influenced its price, as previously reported.
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