Dogecoin: A joke that's rallied 1300%

Data Source: Coindesk
But as of Feb 9, it is trading near $0.08. That's just below ₹6, making it a rally of 1,339% YTD
Data Source: Coindesk

It's even exceeded Bitcoin, which has just rallied 56.55% YTD

The rally has been fueled by Elon Musk, who has been tweeting about Dogecoin since the start of Feb
And by subreddit r/wallstreetbets on Reddit, where the fire to rally Dogecoin to $1 began

Snoop Doge

Rapper Snoop Dogg tweeted this image and tagged Musk, which gathered media attention
In India, crypto exchanges like CoinCDX and WazirX are providing quotes for Dogecoin in rupees