Editor's Note: This article comes fromCybtc Blockchain (ID: cybtc_com), reprinted by Odaily with authorization.

Editor's Note: This article comes from

Cybtc Blockchain (ID: cybtc_com)

Cybtc Blockchain (ID: cybtc_com)

, reprinted by Odaily with authorization.

After Dogecoin skyrocketed due to the hype of Douyin's overseas version last year, Dogecoin (DOGE) has been infused with prehistoric power by another well-known foreign community today. This time, Dogecoin was followed by the Reddit/wallstreetbets community. WSB, the full name of WallStreetBets, is a Reddit sub-forum with 900,000 members. American retail investors once again "raised their reputation" and explained what unity and the power of "faith" are in the confrontation with institutions. The craziness of American retail investors' grouping has caused the big short Citron to surrender. And not long ago, GameStop was on the verge of bankruptcy, and retail investors were subverting the perception of the traditional world with a very appealing short-squeeze plan.

At the time of writing (05:15 UTC), Dogecoin (DOGE) is ranked 31st by market capitalization and is trading at $0.01129, up 50% in the past hour and 70% in a day . The price increased by 104% within a month.

Dogecoin (DOGE) price chart today:

It just so happened that this question popped up on Twitter today: