Here's Why Dogecoin's Rise To $0.50 Might Be Imminent
The meme coin market has been moving quite slowly throughout the past couple of weeks. Several assets including the OG meme cryptocurrency Dogecoin (DOGE) have been on a downtrend. Despite this bearish sentiment, the DOGE community was rather optimistic. This was highlighted by the percentage of long positions on a prominent cryptocurrency exchange. But the real question is if DOGE can reclaim its major milestone of $0.50 in the next couple of days. Also Read: BRICS: China Eyes EU Partnership to Counter US ‘Abuse’ How Is Dogecoin Trading At The Moment? Source: Watcher Guru The cryptocurrency market has been volatile due to external factors. Dogecoin was also seen sinking in volatile waves. While most assets recorded a stable week, DOGE was dropping by 4% during the past seven days. The past month has also been challenging for DOGE as it slipped by 12.63%. This trend persisted as the meme coin dipped by 1.21% during the last 24 hours. At the time of writing, DOGE was trading at $0.1534....
