Dogecoin trading volume did not reach until significant value until 2021, when public endorsements and certain events led to significant investor interest. The biggest recorded volume occurred in April 16, 2021, two days after Tesla CEO Elon Musk posted - and eventually deleted - a cryptic tweet that said "Doge Barking at the Moon", along with a picture of the 1926 painting with the same name from Spanish artist Joan Miró. Many people saw this message as yet another endorsement for the cryptocurrency, as it looked like a reference to "to the moon" - originally a catch phrase from Reddit group WallStreetBets for the GameStop stock and eventually became associated with Dogecoin. This because around this time, the Dogecoin price development exceeded that of Bitcoin.
Dogecoin (DOGE) 24 hour trade volume from July 1, 2020, to September 25, 2024
(in billion U.S. dollars)
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CoinMarketCap. (September 25, 2024). Dogecoin (DOGE) 24 hour trade volume from July 1, 2020, to September 25, 2024 (in billion U.S. dollars) [Graph]. In Statista. Retrieved December 22, 2024, from https://www.statista.com/statistics/1272934/dogecoin-trade-volume/
CoinMarketCap. "Dogecoin (DOGE) 24 hour trade volume from July 1, 2020, to September 25, 2024 (in billion U.S. dollars)." Chart. September 25, 2024. Statista. Accessed December 22, 2024. https://www.statista.com/statistics/1272934/dogecoin-trade-volume/
CoinMarketCap. (2024). Dogecoin (DOGE) 24 hour trade volume from July 1, 2020, to September 25, 2024 (in billion U.S. dollars). Statista. Statista Inc.. Accessed: December 22, 2024. https://www.statista.com/statistics/1272934/dogecoin-trade-volume/
CoinMarketCap. "Dogecoin (Doge) 24 Hour Trade Volume from July 1, 2020, to September 25, 2024 (in Billion U.S. Dollars)." Statista, Statista Inc., 25 Sep 2024, https://www.statista.com/statistics/1272934/dogecoin-trade-volume/
CoinMarketCap, Dogecoin (DOGE) 24 hour trade volume from July 1, 2020, to September 25, 2024 (in billion U.S. dollars) Statista, https://www.statista.com/statistics/1272934/dogecoin-trade-volume/ (last visited December 22, 2024)
Dogecoin (DOGE) 24 hour trade volume from July 1, 2020, to September 25, 2024 (in billion U.S. dollars) [Graph], CoinMarketCap, September 25, 2024. [Online]. Available: https://www.statista.com/statistics/1272934/dogecoin-trade-volume/
