Dogecoin, one of the leading meme-inspired altcoins, has been leading the meme-coin pack this season. Dogecoin has been breaching its normal price thresholds to claim new all-time highs.
Dogecoin’s price and market momentum have been steadily rising, with its current valuation stable at $0.168 and a slight downward trend of 5.90%.
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Dogecoin Price Prediction
Dogecoin continues to show massive potential despite experiencing slight downticks and price corrections. The current bull market has proven particularly favorable to meme coins, with Doge noting a spectacular price surge of 112% in the last thirty days.
Similarly, the token has noted an upswing of 6.90% in the last seven days, projecting a gradual yet consistent price hike.
With its stellar price hike and momentum, crypto analytics platform Changelly has predicted its future price.
Per the platform, the crypto may breach the $0.120 mark soon if it continues to leverage the current bull market momentum.
According to the technical analysis of Dogecoin prices expected in 2024, the minimum cost of Dogecoin will be $0.0618. The maximum level that the DOGE price can reach is $0.122. The average trading price is expected to be around $0.183.”
Has Elon Musk sold His Dogecoin?
Musk is yet to leverage his doge holdings in the current bull peak season, per a new tweet on X.
A tweet on X has been making the rounds, claiming that Tesla supremo Elon Musk has not sold any of his holdings.
The tweet, consisting of a legal document declared by Jared Birchall, also known as Musk’s right-hand man, claims that the Tesla CEO has not sold any Dogecoin as of now.
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The declaration also consists of several false wallets associated with Musk’s name. The tweet later refutes Musk’s association with the wallet addresses mentioned in the document, accentuating the fact that the Tesla CEO has not sold any Dogecoin.