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Interestingly, Reddit is also influential in overseas currency circles. Not only did it win Doge, it also spawned Dogecoin. Currently, Reddit's Dog Coin section has more than 130,000 members, second only to Bitcoin, Ethereum and Litecoin.

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Technically, Dogecoin is actually a faction with Litecoin, which is based on the Scrypt algorithm and, like Litecoin, is easier to trade than Bitcoin, and they have more numbers, with Dogecoin digging up to 100 billion, compared with 21 million bitcoins.

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DOGE was up 69.39 percent at 0.0047USDT and ADA was up 20.34 percent at 0.135 USDT as of 11:30 a.m., according to MXC Matcha Leveraged Trading Data. It is reported that yesterday the overseas version of the Tik Tok users posted the theme video "Let's all get rich", personal investment of $25 DOGE, such as DOGE rose to $1, investors will have $10,640.

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Due to the wild spread of a Dogecoin challenge video on the short video platform TikTok, the price of Dogecoin increased by 50% within 24 hours. As of press time, its price is $0.042, since October 2018 The highest price. In this regard, Dogecoin Twitter warned traders not to engage in speculative activities. Dogecoin said, "Please make the right choice and don't be influenced or manipulated by others' FOMO. Be safe. Be smart."