(GBTC), (AMC) – Dogcoin rises up to 62%, as does SatoshiStreetBets emulating WallStreetBets success with GameStop.


Dogecoin (DOGE), a cryptocurrency that was generated as a joke, rose 62% in press time to trade at $ 0.0132 on Thursday morning.

Despite the overall slowdown cryptocurrency sentiments with Surge Bitcoin (BTC) are down $ 0.6% at $ 31,558.26 at press time.

The Reddit community is calling for r / SatoshiStreetBets users to prank cryptocurrency in a similar way to the small squeeze of stock of r / WallStreetBets. GameStop Corp. (NYSE: GME), AMC Entertainment Holdings Inc. (NYSE: AMC), Nokia Oyj (NYSE: NOK), and Blackberry Limited (NYSE: BB).

See it all: Ethereum, Dogecoin and other Cryptocurrencies you can ‘Create’ using your Laptop

This is not the first time that mock cryptocurrency will grow through such coordinated efforts. Tesla Inc. (NASDAQ: TSLA) CEO Elon Musk has often sent cryptocurrencies with his tweets.

An adult film star who tweeted about Dogcoin earlier this month raised 125% at the time.

Defy cryptocurrencies are also shooting for record highs despite the bitcoin recession.

Read next: WallStreetBets gets a shout out from Cuba, Portnoy, Musk, AOC: Who’s Saying

Photo by Dogeloverforever on Wikimedia

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