As Dogecoin adds more than 800% and is breaking all possible records, we’d like to give a short overview of the situation. According to Cointelegraph and other media sources, a crazy rally of Doge was boosted by the enthusiasm of social media users, in particular, the Reddit group SatoshiStreetBets. The coin has also gained the most tweets on cryptocurrency over the last 24 hours not to mention that Elon Musk’s tweets endorsed price actions.

The erratic demand in the coin puts the Dogecoin blockchain under a huge load.

For example, DOGE exchanges are still off everywhere. We are keeping an eye on it and hope to see an improvement soon!

Don’t believe false Dogecoin giveaways spreading on the web and do not transfer coins to unknown addresses!

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