The price of Dogecoin (CRYPTO: DOGE) is rallying ahead of Donald Trump’s inauguration, set to take place on Monday, Jan. 20.
Dogecoin, launched in 2013, experienced its most memorable year yet in 2021.
As Dogecoin gains in 2025, here’s a look back at how much investors could have made by investing in the coin at the start of 2021, when social media buzz, Google Trends spikes, and new exchange listings fueled its rapid rise.
What Happened: Dogecoin became a huge storyline in 2021 with public figures like Elon Musk and Mark Cuban generating support and posting positive thoughts about the crypto on social media.
In early January, Dogecoin emerged as a popular topic across social media platforms and experienced an uptick in Google Trends.
Later in 2021, demand for Dogecoin led to more cryptocurrency exchanges adding the coin to their platform, making it easier than ever for investors to buy and hold Dogecoin. Frequently, the addition of Dogecoin to a new exchange or an announcement of its impending inclusion has triggered a price surge for the cryptocurrency.
Throughout 2021, tweets from Musk would result in heightened trading activity and a rise in Dogecoin’s price.
Dogecoin hit many all-time highs throughout 2021, peaking at $0.7376 in May 2021, which came around the …Full story available on Benzinga.com