Dogecoin’s (CRYPTO: DOGE) is up 5% on Thursday and 21% over the past seven days as increased market enthusiasm has analysts speculating about whether the “king of memes” can kickstart another rally.
Cryptocurrency
Price
Market Cap
24-Hour Trend
7-Day Trend
Dogecoin (CRYPTO: DOGE)
$0.3891
$57.3 billion
+5.3%
+21.4%
Shiba Inu (CRYPTO: SHIB)
$0.00002241
$13.2 billion
+2.2%
+5.2%
Pepe (CRYPTO: PEPE)
$0.00001845
$7.7 billion
+1.9%
+6.9%
Trader Notes: Crypto chart analyst Ali Martinez on X drew parallels between Dogecoin’s current price action and its last bull cycle.
In 2021, DOGE began its second major rally on January 25 after a 56% price correction.
Similarly, the meme coin recently underwent a 46% correction, which …Full story available on Benzinga.com