Can’t Keep a Good Dog Down: Meme Token Dogecoin Spiked Over 500% This Year

The leading cryptocurrency bitcoin has crossed new all-time highs (ATH) in 2020 and into 2021 as well. However, many other digital assets have a long way to go to reach the ATH they experienced three years ago in 2017. Although one particular older cryptocurrency, the popular meme token Dogecoin is nearing its 2017 ATH, well before a large slew of older coins. Dogecoin’s yearly gains have even outpaced bitcoin’s gains by rising more than 535% during the course of the year.

A great number of cryptocurrencies have yet to cross their all-time high (ATH) from the 2017 bull run three years ago. For instance, ethereum (ETH) is still a touch over 33% away from the 2017 ATH and it’s the closest in the top ten to do so, excluding newer crypto assets like LINK, and DOT. During the price highs on Sunday, the popular meme token dogecoin (DOGE) was only 32.29% away from reaching the crypto asset’s ATH achieved in 2017.

Unlike many of the other older coins in existence, dogecoin (DOGE) born in December 2013 is closer to its all-time price high achieved three years ago.

Dogecoin has done extremely well during the last year and during the last 24 hours of trading the token is up over 38%. DOGE has jumped 184% during the last week, 294% for the month, and 394% for the 90-day span. Dogecoin has even gained 115% against BTC, which is uncommon for most alternative crypto assets today.

Moreover, if one was to invest in dogecoin during the start of the year, their DOGE would have gained over 535% against the U.S. dollar.

On January 3, 2021, dogecoin (DOGE) is only 32.29% away from reaching the crypto asset’s ATH achieved in 2017. DOGE prices recorded at approximately 1:00 p.m. (EST) on Sunday afternoon.

The cryptocurrency featuring the likeness of the Shiba Inu dog and the infamous internet meme, Doge, has been around since its launch on December 6, 2013. Dogecoin is seven years old and was developed by Jackson Palmer and the programmer Billy…

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