Dogecoin(CRYPTO: DOGE) saw its value increase by approximately 4%, hitting $0.090 after reports said that luxury sports car makerFerrarimight begin accepting the cryptocurrency as a form of payment.
What Happened:According to data analytics provided byLunarCrush Pro, the social buzz around Dogecoin has surged, with its social dominance score rising by 125% within a week.
The 24-hour trading volume for DOGE shot up 143.1% to $804.86 million, according to data from CoinMarketCap.
Ferrari, known for its sports cars, started entertaining cryptocurrency as a payment option earlier in October 2023 in the U.S., with plans to expand this payment facility to European...
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