Dogecoin or a TikTok Challenge video price jumps 26%
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Dogecoin official Twitter warned traders not to speculate after the TikTok video skyrocketed. The news comes after the price of Dogecoin rose 50 per cent in 24 hours to $0.042, its highest price since October 2018, as a result of the frenzied spread of a video of the DogCoin challenge on short video platform TikTok. In response, Dogecoin said, "Please make the right choice and not be influenced or manipulated by someone else's FOMO." Be aware of safety. Be smart. "
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";
Restaurants in Maryland accept e-money dogecoin, MyFoxDC reported. Iron Rail Restaurant in Mount Savage, Maryland, officially accepts Dogecoin. Owner Terry Ii says the use of dogecoin has benefited restaurants, including the need not to pay for credit cards.
According to the data of "EN-US" (AICoin, gyro financial monitoring, the past "span lang" "EN-US" 24h the major exchanges of the change in the flow of funds as follows: "span lang" "EN-US" FCoin net inflow of "SPAN lang" "EN-US" $496 million; U.S. "OCX Net inflows of $351.1 million, "EN-US" $351 million; Fire coin "SPAN Lang""EN-US"pro Net inflows of "EN-US" -50350352 million; and "SPAN""EN-US""BitMEX Net inflows "EN-US" ($32.8708 million; "span lang""EN-US""bitfinex Net inflow "EN-US"-643.866 million"; "EN-US"OKEx Net inflow "EN-US" $590,000; Net inflow of $85.1147 million; "EN-US"bithumb net inflow of $638.84 million; and net inflow of "EN-US "EN-US," $697.38 million million.
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According to reports, Dogecoin (DOGE) is a cryptocurrencies dedicated to the real practical value of money. With faster block intervals and extremely low rates, Dogecoin is better suited for small payments and online shopping. Dogecoin has been used by multiple merchants, allowing consumers to easily transfer money using DOGE.