Dogecoin has jumped 17% in the past 24 hours to break past the $0.21 barrier as on-chain data shows a significant increase in volume for the memecoin.
Dogecoin Beats Market With 17% Rally In The Last Day
Most of the top cryptocurrencies have seen flat returns in the last 24 hours, but Dogecoin has gone its own way as the original meme coin has enjoyed a strong rally.
The below chart shows what the asset’s performance has looked like during the last few days:
In this latest rally, Dogecoin has surged more than 17% in the last 24 hours and has cleared the $0.21 level. Among the top 100 cryptocurrencies by market cap, only Bitcoin Cash (BCH) has registered comparable profits in the same period.
DOGE still beats BCH in the 1-week timeframe, however, as the memecoin has managed returns of more than 40% in this period, while the Bitcoin hard-fork has seen 33%.
The reason behind these two assets in particular seeing a strong performance may lie in the fact that Coinbase plans
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