Dogecoin Surges potentially due to a viral TikTok! Dogecoin surges 61% – originally a joke created in 2013, a viral TikTok video urged viewers to buy $25 dollars worth of Doge.
A viral video, which was posted by user jamezg97, encouraged viewers to invest in Doge.
“Let’s all get rich! Dogecoin is practically worthless. There are 800 million TikTok users. That’s just $25. Once it hits one dollar, you’ll have ten grand. Tell everyone you know.”
The trend even has its own hashtag. “#DogeCoinTikTokChallenge”. It has nearly 500,000 views and almost 60,000 likes. In the meantime, Dogecoin rocketed up 61% in the past 24 hours.
Phillip Christenson told Gizmodo that the video could get the attention of the United States Securities and Exchange Commission.
“It’s not hard to envision the SEC taking down a few of the more popular influencers perpetrating this type of scheme as a warning to others contemplating something similar.”
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