The asset has increased by approximately 500 percent in the last week. However, a number of market experts are predicting that the coin will wipe out the current profits as quickly as it has gained them. Elon Musk's recent remarks, as well as a concerted manipulation by a number of whales, have pushed the current surge. Since Elon Musk publicly endorsed DOGE, the digital asset has received support from a number of other high-profile figures.