Dogecoin is a new cryptocurrency that’s already popular. DogeDay 420 is being planned to commemorate this cryptocurrency. Why do social media users celebrate DogeDay 420?
Why is Doge Day 420 Trending? What is Doge Day 420?
A day dedicated to Dogecoin? That is a fascinating concept! Supporters of DOGE have designated April 20th, popularly known as 4/20 in cannabis culture and shorthand for “get high” or multiples thereof, as the day to commemorate all things cryptocurrency.
Dogecoin was designed as a parody coin. Now that it has committed investors, they want to see that value increase. Investors in DOGE are preparing to turn the well-known occasion observed by marijuana smokers into a DOGE date.
Dogecoin has been on an amazing journey, rising to new heights every day. It’s doubtful that it will stop at $4.20, but you never know. Given the cryptocurrency explosion, many individuals remain upbeat about the prospects for DOGE’s success in 2022 and beyond.
In the last few days, Dogecoin has made some significant strides, and things are about to get even more exciting. The price of Dogecoin has greatly surged in less than a week. For many crypto aficionados, this is reason for joy because it shows that their investment is finally paying off. Elon Musk, the CEO of Tesla, is in favor of achieving an interim objective that would set the price of one token at about 69 cents.
Elon Musk wrote in a tweet in July 2020 that a boom for Dogecoin was “inevitable.” Given the relative obscurity of the meme cryptocurrency last year, he said he wasn’t sure if his message would be taken seriously when he made his prediction of a surge. But his second prediction has come true since (despite the fact that there have been numerous additional tweets). On a BTC basis, the value of one DOGE has increased by nearly 100%.
