Dogecoin price: Snoop Dogg joins DOGE hype train with 'absurd' music video of 'Snoop Doge'

DOGE's volume has also taken a hit with only £7.89billion ($10.94billion) being moved around in the last 24 hours.

Dogecoin's overall market cap is also estimated to be about £26.88billion ($37.29billion) - down on figures earlier this week.

And yet, despite DOGE being in the red today (April 22), holders are still seeing massive gains on their investment.

The token is still nearly 6,000 percent up on last year, which is fairly incredible considering Dogecoin was created in 2013 as a joke.

Dogecoin's mainstream appeal, meanwhile, has not waned with US rapper Snoop Dogg putting his own flair on Dogeday celebrations this Tuesday.

The musician, whose real name is Calvin Cordozar Broadus Jr, shared a bizarre video referencing DOGE with his more than 19.3 million followers.

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