Dogecoin rocketed again to 20% on April 29, the founder of electric car maker Tesla Elon Musk after disclosing via social media Twitter. So far it has been retweets 73.7 k. Dogecoin surged 20.17% to US $ 0.32 in the last 24 hours. Coin Dogecoin once hit record highs above 45 cents. However, this fantastic increase is worrying about a potential bubble in the crypto market.
In 2013, Dogecoin was considered a trifle and a joke, What is happening now? Dogecoin is the sixth largest digital coin with an estimated market of nearly US $ 42 billion on the CoinGecko website. Dogecoin's recent wild spike has been warned by some investors on fears of a speculative bubble. We must be precise to buy. Because if that bubble has to burst eventually and we'll lose. And we don't know to say when that will happen. Dogecoin is different from bitcoin, it does not have a hard supply cap or an unlimited amount can be printed.