Elon Musk recently held a party in Texas called “The Cyber Rodeo”, in which he drew the shape of Dogecoin via a drone. Its effect was also seen soon and within 24 hours the price of Dogecoin increased by more than 8 percent. Data from Coinmarketcap shows that the token has moved from $0.1418 (approximately Rs 10.77) to $0.1527 (approximately Rs 11.59) in the last 24 hours. With this, its market capitalization has once again crossed $ 20 million (about Rs 1,471,528,197,117).
At the same time, the Gadgets 360 Cryptocurrency Price Tracker shows that there has been a significant drop in the price of Dodgecoin today. At the time of writing the news, Dogecoin price in India was down 6.14% at Rs 11.47 on Indian exchange CoinSwitchkuber. However, earlier on April 5, the price of this meme cryptocurrency saw a sudden jump of 18.80% and the token jumped from Rs 10.84 to Rs 13.48. After that, on 6 April, the price of Dogecoin had fallen by 14.53%.
Dodgecoin’s biggest rival Shiba Inu also started with a decline today. The Shiba Inu (SHIB) has registered a decline of more than 3 percent today. At the time of writing this news, Shiba Inu price in India was trading at Rs.0.001910.
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