Dogecoin

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<p style="text-align: justify">You can also read this news on COINTURK NEWS: <a href="https://en.coin-turk.com/dogecoin-maintains-its-reign-as-the-leading-meme-coin/" data-wpel-link="internal">Dogecoin Maintains Its Reign as the Leading Meme Coin</a><br></p>
<p style="text-align: justify">The notorious child of cryptocurrencies, meme coins, continues to hold its undisputed place at the top. Yes, we’re talking about <a href="https://coin-turk.com/elon-muskin-btc-ve-dogedan-sonraki-favori-coini" data-wpel-link="internal">Dogecoin</a>. Despite not showing a strong performance over the past year, <a href="https://coin-turk.com/dogecoin-benzeri-coinler-listesi-pitbull-coin-baby-doge-coin-ve-daha-fazlasi" data-wpel-link="internal">DOGE</a> has not lost its place among meme coins and continues to stay within the top 15. So, what could be in store for <strong><a href="https://en.coin-turk.com/dogecoin-doge-price-predictions-whats-next-for-dogecoin-investors/" data-wpel-link="internal">DOGE</a></strong>, heavily supported by Elon Musk, who often boosts its price with his comments, in 2024?</p> 
<h2 style="text-align: justify" id="analyst-s-comments-on-doge">Analyst’s Comments on DOGE</h2> 
<p style="text-align: justify">In the world of cryptocurrencies, including <a href="https://en.coin-turk.com/investors-hold-on-tight-its-all-beginning-things-could-be-different-for-dogecoin-in-6-weeks/" data-wpel-link="internal">Dogecoin</a> (DOGE), a slowdown in activity has been observed in many altcoins. Nevertheless, the leading meme coin’s strong stance above $0.08 continues, and some analysts believe a strong recovery could be possible in the coming months.</p> 
<p style="text-align: justify">According to comments in a post shared by <strong>Ali Martinez</strong> on February 26, who has gained attention for his crypto analysis lately, Dogecoin’s current price movement shows parallels with situations observed during previous bull markets, including those in 2017 and 2021.</p> 
<p style="text-align: justify">Indeed, considering the Dogecoin chart shared by Martinez, it can be seen that the price previously rose to $1.7 and then to $3.5.</p> 
<h2 style="text-align: justify" id="img-loading-lazy-loading-lazy-decoding-async-class-aligncenter-size-full-wp-image-319594-src-https-coin-turk-com-wp-content-uploads-2024-02-doge-fiyat-coin-turk-com-png-alt-width-686-height-453"><img loading="lazy" loading="lazy" decoding="async" class="aligncenter size-full wp-image-319594" src="https://coin-turk.com/wp-content/uploads/2024/02/doge-fiyat-coin-turk-com.png" alt="" width="686" height="453"></h2> 
<h2 style="text-align: justify" id="doge-price-analysis">DOGE Price Analysis</h2> 
<p style="text-align: justify">As of the time of writing, the DOGE price continues to trade just below the $0.085 level. This price indicates a slight decrease of 1.64% on the daily chart, while on a weekly basis, it translates to a decrease of 1.34%.</p> 
<p style="text-align: justify">Nevertheless, data obtained on February 26 shows that the last 30 days have seen a rise of 7.02%, which seems to have pleased investors. On the other hand, there was a contrast observed between DOGE’s trading volume and market capitalization.</p> 
<p style="text-align: justify"><img loading="lazy" loading="lazy" decoding="async" class="aligncenter size-full wp-image-319670" src="https://coin-turk.com/wp-content/uploads/2024/02/doge-usdt-coin-turk-com.png" alt="" width="1567" height="857"></p> 
<p style="text-align: justify">Looking at DOGE’s 24-hour trading volume, there has been a 7% increase. Following this rise, the volume surpassed the $314 million mark. This increase in trading volume could be interpreted as a rise in investor interest in DOGE. Despite this, the meme coin’s market capitalization experienced a drop of over 1%. After the drop, its value was just above $12 billion.</p> 
<p style="text-align: justify">Another positive piece of news for DOGE is the number of transactions in its ecosystem. In the first three weeks of February 2024, more than 1 million transactions occurred daily, indicating an increase in transaction volume.</p> 
<p style="text-align: justify">Taking all these factors into account, Dogecoin indeed has the potential to show the expected rise and could experience a parabolic breakout in the upcoming period.</p> 
<h5><span style="font-weight:bold;font-size:16px">The post first appeared on COINTURK NEWS: </span> <a href="https://en.coin-turk.com/dogecoin-maintains-its-reign-as-the-leading-meme-coin/" data-wpel-link="internal">Dogecoin Maintains Its Reign as the Leading Meme Coin</a></h5>

Dogecoin Maintains Its Reign as the Leading Meme Coin

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