The two then teamed up, and Dogecoin was born about a week after Palmer's half-joking tweet.

As I've already said, I repeat: DOGECOIN will cost $1. People will regret not buying it now. It began to rise.

Millions of people learn about cryptocurrencies such as Bitcoin through TikTok. Cryptocurrencies enthusiast James Galante has launched a short video in TikTok titled "Let's All Get Rich" recommending that everyone invest $25 in Dogecoin to push the price of Dogecoin up to one dollar, sparking a Dogecoin craze that has once again swept the cryptocurrencies market; Square launched a cryptocurrencies marketing campaign on TikTok and became one of the most popular mobile payment apps in the U.S. with the hashtag "cashappthatmoney";

The surge is related to a challenge video from short video platform TikTok. A TikTok user named James Galante posted a short video titled "Let's Get Rich" in which he recommended that everyone invest $25 in Dogecoin, which is currently worth less than a penny and will have $10,640 when Dogecoin rises to $1.

TikTok Dogecoin looks close to reality this morning as cryptocurrencies soar to a high of $0.005, up 143 per cent in the last three days

Fortune: BlockCypher supports Bitcoin, Litecoin, Ethereum Dogecoin. Do you think a cryptocurrencies will dominate?

Dogecoin Mining Dogecoin Dogecoin

Dogecoin has been successfully used on the Reddit platform, and dogetipbot will launch its beta version on Twitch this weekend. Dogecoin tip features have been available for the Twitch platform for months, dogetipbot founder Josh Mohland said in an interview earlier this month.

According to official sources, Cortex and the Dog China community have officially reached a strategic partnership. In the second quarter, Cortex's main network will be launched, when Cortex will adopt a decacentric approach to community management and incentives, establish committee mechanisms, and use Dogecoin as a community incentive fuel, and the Dogechina Dog Community will provide Dogecoin incentives to all members involved in Cortex community building.

Go up when you sell, go down when you buy

Dogeparty is not just a new coin, it has more meaning. Content creators and event planners can use Dogeparty, and charities can solicit Donations from Dogecoin in exchange for coins so that we can receive a copy of their work, a ticket to their event, or some other reward, such as a crowdfunding platform. This may seem counterintuitive to the original intention of destroying Dogecoin, but Dogeparty can go a long way in helping Dogecoin emerge from the shadow of the recent recession.

Tesla and SpaceX co-founder Elon Musk tweeted again today and mentioned Dogecoin "Is Dogecoin really an effective form of currency?"