The post Why Dogcoin (DCOIN) Price is Surging? appeared first on Coinpedia Fintech News
The memecoin industry, currently valued at about $115 billion and a 24-hour average trading volume of about $21 billion, has continued to gain more organic traction in the recent past. Dog-themed Dogcoin (DCOIN), a memecoin project launched on the Ethereum (ETH) network, has registered palpable gains in the past 24 hours backed by a robust online community of investors.
According to the latest market data, DCOIN price was up around 500 percent to trade about $0.00455 on Friday, during the early London session. The small-cap memecoin, with a fully diluted valuation of about $4.5 million, had a 24-hour average traded volume of about $12.3 million, up over 13x.
Top Reasons Why Dogcoin (DCOIN) Has Gained Significant Organic Traction
Already listed on the Biconomy Exchange, the DCOIN memecoin has attracted more than 1.5k on-chain holders. Furthermore, the DCOIN developers did not participa
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