Is The Dogecoin Price Rally Over? Analyst Reveals Why There’s Still Room To Run

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Bitcoinist 11h ago

Is The Dogecoin Price Rally Over? Analyst Reveals Why There’s Still Room To Run - Bitcoinist

Quick Summary:

The Dogecoin price correction extended throughout the weekend, teasing what might be the steady end of a powerful rally in the previous four weeks.

The popular meme-based cryptocurrency dropped to a low of $0.3431, retreating from a recent high of $0.4265.This 19.

Despite its status as a large cryptocurrency, Dogecoin’s price uptick is mostly tied to social sentiment among traders and not by any demand for its utility or parent company.