Dogecoin

Shiba Inu

Coin

<html>
 <head></head>
 <body>
 <figure> 
 <figcaption>
 Cover image via <a href="https://u.today/" rel="noopener noreferrer nofollow">U.Today</a> 
 </figcaption> 
 </figure> 
 The broader digital currency ecosystem is paring off the gains accrued over the past week as investors begin to take profit on their elevated portfolio. While the combined digital currency market cap is down by 2.25% to $1.22 trillion, Dogecoin (DOGE) poses major resilience to the bearish downtrend and&nbsp;is <a href="https://coinmarketcap.com/currencies/dogecoin/markets/" rel="noopener noreferrer nofollow">up by 6.17%</a> over the past 24 hours to $0.07425. 
 <a href="https://u.today/dogecoin-doge-enters-bull-run-co-founder-reacts" rel="noopener noreferrer nofollow">card</a> 
 Dogecoin joined the XRP-infused uptrend earlier in the week and has soared as high as 13.52% within that time frame. Its growth has helped reignite the meme coin rally with its core rivals Shiba Inu (SHIB) and PEPE Coin (PEPE) trailing behind. While SHIB is up by 5.29% over the past 24 hours to $0.000008371, PEPE is down by 3.71% to $0.000001695 within the same time frame. 
 The sentiments driving the <a href="https://u.today/dogecoin-doge-enters-bull-run-co-founder-reacts" rel="noopener noreferrer nofollow">positive rally</a> in the Dogecoin ecosystem are notably innate seeing the consistency in retail buy-ups across the board. According to the popular on-chain analyst @ali_charts, DOGE is trying to break the $0.075 price level. If it manages to pull through, it can trigger more than 176,000 addresses that had previously acquired more than 12.3 billion DOGE tokens. 
 <blockquote class="twitter-tweet"> 
 <a href="https://twitter.com/hashtag/Dogecoin?src=hash&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">#Dogecoin</a> is trying to break out!Slicing through the $0.75 supply wall will trigger a 10% upswing to $0.85, where 176,000 addresses had previously purchased over 12.34 billion <a href="https://twitter.com/search?q=%24DOGE&amp;src=ctag&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">$DOGE</a>. <a href="https://t.co/RJw7v7q30X" rel="noopener noreferrer nofollow">pic.twitter.com/RJw7v7q30X</a>— Ali (@ali_charts) <a href="https://twitter.com/ali_charts/status/1680141210122371072?ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">July 15, 2023</a> 
 </blockquote> 
 The ongoing bullish run is <a href="https://u.today/dogecoin-to-reach-a-dime-top-trader-confident-in-imminent-increase" rel="noopener noreferrer nofollow">showcased</a> in the surge in trading volume, which is up by more than 14% overnight per data from CoinMarketCap. 
 <h2 id="riding-general-market-train">Riding general market train</h2> 
 It is worthy of note that the current Dogecoin rally comes without interference from the influence of Elon Musk, the Tesla CEO and the owner of Twitter, known as the biggest promoter of the meme coin. The growth of Dogecoin is following the general market trend, which is more reliable to help its sustained upsurge in the near term. 
 <a href="https://u.today/dogecoin-up-576-as-elon-musk-issues-new-dogs-tweet" rel="noopener noreferrer nofollow">card</a> 
 The strength of the rally is further solidified in the general sentiment surrounding clear standing for most altcoins, particularly XRP, which has just been <a href="https://u.today/major-ripple-vs-sec-update-xrp-explodes-16-as-judge-torres-delivers-pivotal-summary-judgment" rel="noopener noreferrer nofollow">cleared</a> by Judge Analisa Torres as a non-security.
 </body>
</html>

Dogecoin (DOGE) Leads Meme Coin Rally, Here's Why

Table of Contents

U_Today

Other articles published on Jul 15, 2023

Monochrome Targets ASX with Proposed Bitcoin ETF $BTC

StarkWare Deploys Quantum Leap Upgrade, Enhancing Throughput on StarkNet Layer 2 Network

‘Judge Failla Aligns Herself With Coinbase’: Comments Web3 Analyst

Ripple CEO Calls SEC 'Bully' as XRP Lawsuit Sets Landmark Precedent

Coinbase Stands Firm on Staking, Temporarily Halts Service in Four U.S. States

Zentanode - CHAIN Miner | Sold Out

Join our free newsletter for daily crypto updates!