Dogecoin is an open-source P2P digital currency. Despite starting out as a joke, the cryptocurrency has gained support. At the beginning of March, the operator of Bitcoin ATMs CoinFlip listed DOGE in its network, which includes 1,800 ATMs in the U.S. A few days later, Dallas Mavericks announced adding Dogecoin to its list of accepted cryptocurrencies. Later in the same month, Kessler Collection, the U.S.-based chain of luxury hotels, announced accepting crypto for payments, including Dogecoin.

The tweets by Tesla CEO Elon Musk at various times affected the price of Dogecoin. Today, he tweeted a GIF of a Shiba Inu dog laughing, thus boosting DOGE even more. Dogecoin currently has a market cap of over $16.1 billion, per Coin Market Cap data. Its price has increased by over 53% in the past 24 hours and it is trading at around $0.125 at the time of writing.  

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