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Rally · Jan 28, 2021

Reddit and the January 2021 spike

Riding the GameStop frenzy, DOGE jumps several times in a day.

DOGE close on Jan 28, 2021
$0.0365
Source: Binance DOGE/USDT daily close, 2021-01-28

During the GameStop short squeeze in late January 2021, online communities turned to Dogecoin. On January 28, 2021 DOGE rose several hundred percent in a day, helped by posts from Reddit groups and a Musk tweet of a magazine cover reading "Dogue".

The chart shows the daily close from our series.

Dogecoin price, USD
launchrallycrashupgradelegalforkoutagemilestone

Source: Binance DOGE/USDT daily closes 2019-07-05 to 2021-06-02; Coinbase Exchange DOGE/USD daily closes 2021-06-03 to 2026-10-14. Fetched Oct 14, 2026 from free public APIs. Click a dot for the event and its price on that day.

Part of Dogecoin in 2021 · full Dogecoin timeline · Dogecoin hub

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Sources

Facts written in our own words. Last checked Oct 14, 2026.