According to data from an American cryptocurrency exchange site, Dogecoin trade volumes increased 1,250 percent in the second quarter of 2021. The meme coin began the year quietly at around $0.004, but experienced a tremendous rise, skyrocketing more than 15,000 percent to almost $70 in May. Tesla CEO Elon Musk altered his Twitter profile photo over the weekend to an image of him wearing sunglasses that resembled a Shiba Inu puppy.