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The price of Dogecoin soared from $0.00229 to $0.0029 in 24 hours, an overnight surge of 26%. With the market capitalization growing from $287 million to $357 million, Dogecoin has climbed to the 33rd largest cryptocurrency. It is reported that this skyrocketing is related to a challenge of short video TikTok. Five days ago, a Tik Tok user named James Galante posted a video titled "Make Us All Rich". In the video, he recommends that everyone invest $25 in Dogecoin, because it is worthless ($0.0023). When it reaches $1, investors will have $10,640. As of press time, the video has received 57,100 likes and nearly 4,000 comments. (AMBCrypto)

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Research chain Insight Chain (INB) today released the results of a recent DOGE investment study. As of the time of writing, 260 valid questionnaires had been collected in Insight DApp, of which 65.8 per cent of investors did not know about DOGE and had only heard of it; Currently 40.4 per cent of investors do not invest in DOGE;