Dogecoin (DOGE) Struggles to Sustain Gain as Meme Coin Mania Cools Off
Dogecoin started a fresh increase and climbed above the $0.2320 zone against the US Dollar. DOGE is now correcting gains and approaching $0.2180. DOGE price started a fresh increase above the $0.220 and $0.230 levels. The price is trading just below the $0.2250 level and the 100-hourly simple moving average. There is a connecting bullish trend line forming with support at $0.220 on the hourly chart of the DOGE/USD pair (data source from Kraken). The price could start a fresh increase if it clears the $0.230 resistance zone. Dogecoin Price Faces Rejection Dogecoin price started a fresh....
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Dogecoin struggles to maintain its momentum, dropping steadily by 9%. And it seems investors are letting the chips fall where they may. Following the announcement that Elon Musk would buy Twitter, DOGE soared 26% and everything went bullish especially after the news that the Tesla CEO bought Twitter for $44 billion. Suggested Reading | Dogecoin (DOGE) Trading Volume Plunges – Here’s Why Musk Shakes Things Up For DOGE Apparently, the popular meme coin had a sharp spike in April 5 when Musk decided to join Twitter’s board with a 9.2% stake. Now, DOGE is losing all the gains and dropping....
In the fast-paced world of cryptocurrency, meme coins continue to capture the attention of both retail and institutional investors. Dogecoin (DOGE) and Shiba Inu (SHIB), the titans of the meme coin arena, have brought considerable profits to early investors. However, a recent analysis shows that GoodEgg (GEGG), a newer entrant in the meme coin market, is offering significantly higher returns. A millionaire who invested $100K in each meme coin found that GoodEgg’s profits outshined both Shiba Inu (SHIB) and Dogecoin (DOGE), making GEGG a strong contender in the meme coin space. Dogecoin....
Dogecoin (DOGE) has long dominated the meme coin space, holding its status as the “top dog” in the world of meme-inspired cryptocurrencies. However, as we move toward 2025, DOGE faces increasing competition, particularly from innovative projects like Mpeppe (MPEPE), an AI-powered crypto casino. While Dogecoin (DOGE) still boasts a strong community and market cap, Mpeppe […]
Dogecoin's original founder is struggling to come to terms with DOGE's recent gains. Dogecoin founder Billy Markus has revealed that he sold off his DOGE stash in 2015 for an amount equivalent to a used Honda Civic.Markus made the comment in an open letter to the r/dogecoin subreddit earlier this week in which he sought to introduce himself to new members of the community and outline what he believes is the “true value” of DOGE after the Dogecoin mania that saw it gain 900% since late January.In the post, he provided context on the history of Dogecoin, in what appears to be a love-hate....