Dogechain Surge Over 300% In The Last Week

Dogechain, introduced earlier this year to provide smart contract capabilities to the Dogecoin community, has seen its trade value increase by more than 300% in the last week and more than 70% in the last 24 hours. The peak also reflects a 75% increase over a month earlier.

From $0.0004 on Friday to $0.00185 on Sunday, the DC price increased 363% in seven days to a level not seen since September.

The increase in value is noteworthy since Dogechain (DC) had dropped 90% of its value from its all-time high at the end of August. DC had slowly fallen during the last two months, from $0.004 to $0.0004.

DC price chart. Source: CoinMarketCap

Dogechain, which uses wrapped DOGE as gas, launched on August 16, rocketing in value to $0.0045 on over $50 million in trading volume within two weeks. It ranked #2635th among cryptocurrencies tracked by CoinMarketCap.

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Harold

CoinCu News

Harold

With a passion for untangling the complexities of the financial world, I've spent over four years in financial journalism, covering everything from traditional equities to the cutting edge of venture capital. "The financial markets are a fascinating puzzle," I often say, "and I love helping people make sense of them." That's what drives me to bring clear and insightful financial journalism to the readers of Coincu.