The meme coin DOGE on the Ethereum blockchain has a market capitalization of over $140 million, with a 24-hour increase of over 120%.

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On November 8th, according to GMGN monitoring, the market capitalization of Meme coin DOGE on the ETH network exceeded 140 million US dollars, with a current price of 0.1473 US dollars, a 24-hour increase of over 120%, and a coin price reaching a historic high. This meme coin originated from Musk's previous tweet D.O.G.E. (Department of Government Efficiency). Yesterday, Musk updated his Twitter profile to "The people voted for major government reform". BlockBeats reminds users that meme coins currently have no practical use cases, so investment should be cautious.

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