It’s only five days when Dogecoin was the third most traded cryptocurrency on the market right after Bitcoin and Litecoin. From that time the trade volume has risen more than 5 times surpassing the volume of Litecoin making Dogecoin the second most traded cryptocurrency for the last 24 hours.

If the trend continues we might hit the moon pretty soon.

Despite being one of the youngest cryptocurrencies on the crypto market, Dogecoin is slowly making it’s way to the top.

It was yesterday, when Dogecoin had than all cryptocurrencies combined and as of time of writing.

What is even more staggering is that transaction volume in dollars is even higher than market capitalization of the coin itself as you can see on the below screenshot.

This is truly amazing and it’s possible that it might have something to do with amazing Dogecoin community generously helping each other making this coin more valuable in a long run.

But today Dogecoin has broke another record passing one million dollars in daily trading volume for the first time which ranks it the third most traded cryptocurrency .

Dogecoin is stil a joke coin, but these numbers shows that it has a great potential to become one of the most valuable cryptocurrency right after their older brothers Bitcoin and Litecoin.