With recent tweets by Gene Simmons and even Snoop Dogg, the cryptocurrency has been trending steadily on Twitter.
Dogecoin fell after surging more than 812 percent on January 29 to about 0.07 per coin, giving the meme-based cryptocurrency a market value of about 9.39 billion dollars.
Dogecoin, increased by 24.40 percent to 0.07 dollars in the last 24 hours, bringing the weekly gain to 91.04 percent.
The price of Bitcoin bounced back below 39,000 dollars level on early Thursday, following the cryptocurrency's after fluctuating between 37,446 and 39,621 dollars.
Bitcoin decreased by 0.30 percent in the last 24 hours to 38,602.54 dollars, while the weekly gain of the currency was calculated at 14.84 percent. Bitcoin's total market volume was at 719 billion dollars.
With increasing corporate purchases, the total market capitalisation, which exceeded the 1.0 trillion dollar limit for the first time in history on January 7, was at 1.0 trillion 179.67 billion dollars in the early hours of the new day.
While the value of 39 units decreased from the highest volume of 100 units in the last 24 hours in the crypto money markets, six of the top 10 units were among those that fell. Bitcoin accounted for 60.9 percent of the total market volume in 33,409 markets where 8,408 cryptocurrencies were traded, while the 24-hour trading volume in all markets was at 167 billion dollars.