Dogecoin price soars to record high amid latest crypto frenzy

Dogecoin has the internet howling yet again.

The cult coin nearly doubled its value in less than a day amid a new wave of investor enthusiasm for cryptocurrencies. Dogecoin exploded to a new all-time high of about 14.5 cents early Wednesday morning, hours after roaring above the 10-cent mark for the first time, according to CoinDesk.