2024

Dogecoin

Rekt

<p>The post <a href="https://coinpedia.org/news/dogecoin-surpass-2021-previous-high-of-0-2-is-0-3-next/">Dogecoin (DOGE) Price Breaks 2021 Highs: Eyes To Hit $0.3 Amid Memecoin Season</a> appeared first on <a href="https://coinpedia.org">Coinpedia Fintech News</a></p> 
<p>Dogecoin, the meme-inspired digital currency, witnessed a 40% surge, achieving its highest value since 2021, <a href="https://markets.coinpedia.org/dogecoin/">trading at $0.22</a>. This surge is fueled by speculation about its potential use on Elon Musk-owned platforms.&nbsp;</p> 
<p>Amidst this, the Dogecoin market cap soared to $31 billion, surpassing Cardano, and now aims to overtake XRP, who’s currently sitting at 6th position.</p> 
<h2 class="wp-block-heading" id="h-doge-surpass-previous-high">Doge Surpass Previous High</h2> 
<p>While, investors are closely watching Dogecoin’s surge, which has risen by over 10% in the past 24 hours alone. This surge is attributed to ongoing bullish market sentiment &amp; the speculation <a href="https://coinpedia.org/press-release/doge-surges-crypto-experts-predict-growth-for-gala-inqubeta/">regarding Dogecoin’s potential</a> use as a payments-related integration at any Elon Musk-owned company, such as X or Tesla.</p> 
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   <p lang="en" dir="ltr">2024 will be the year of 𝕏 Payments <a href="https://t.co/CkHlelfJUN">pic.twitter.com/CkHlelfJUN</a></p>— DogeDesigner (@cb_doge) <a href="https://twitter.com/cb_doge/status/1772738544231981519?ref_src=twsrc%5Etfw">March 26, 2024</a>
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<p>Recently, a member of the X team teased that “2024 will be the year of X Payments,” sparking anticipation within the crypto community that DOGE could potentially become a payment option on the platform. This excitement coincides with recent developments, as X has <a href="https://www.nmlsconsumeraccess.org/EntityDetails.aspx/COMPANY/2404946">obtained licenses</a> for money transmitter activities in several U.S. states over the past few weeks.”</p> 
<p>Given Elon Musk’s self-love for Dogecoin, the possibility of integration into platforms like X for content monetization or donations appears increasingly plausible.</p> 
<h2 class="wp-block-heading" id="h-doge-chasing-xrp-nbsp">Doge Chasing XRP&nbsp;</h2> 
<p>Following its impressive price surge, Dogecoin now boasts a market cap of $31.07 billion, positioning it as the eighth-largest asset by market capitalization. The coin now has its sights set on <a href="https://coinpedia.org/price-prediction/xrp-ripple-price-prediction/">surpassing XRP</a>, which currently holds the sixth position with a market cap of $34 billion.&nbsp;</p> 
<p>However, Dogecoin must first overtake USDC, which currently holds a valuation of $32.2 billion. Meanwhile, to breach the XRP’s $34 billion market cap, Dogecoin’s price would need to surge to the $0.2366 price level.</p> 
<h2 class="wp-block-heading" id="h-dogecoin-aim-for-0-3">Dogecoin Aim For $0.3</h2> 
<p>Meanwhile, the recent breakout in Dogecoin’s price has marked the end of its Macro Downtrend and entered a new Macro Uptrend phase. </p> 
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   <p lang="en" dir="ltr"><a href="https://twitter.com/search?q=%24DOGE&amp;src=ctag&amp;ref_src=twsrc%5Etfw">$DOGE</a><br><br>Broke its Macro Downtrend<br><br>Successfully retested it as support two weeks ago<br><br>Still dipping &amp; so technically still in the retest phase while also moving sideways within a new macro range (black-red, $0.12-$0.20)<br><br>Retest phase still in progress<a href="https://twitter.com/hashtag/DOGE?src=hash&amp;ref_src=twsrc%5Etfw">#DOGE</a> <a href="https://twitter.com/hashtag/Crypto?src=hash&amp;ref_src=twsrc%5Etfw">#Crypto</a> <a href="https://twitter.com/hashtag/Dogecoin?src=hash&amp;ref_src=twsrc%5Etfw">#Dogecoin</a> <a href="https://t.co/5WkNvhXm3i">https://t.co/5WkNvhXm3i</a> <a href="https://t.co/IJycOCqAxP">pic.twitter.com/IJycOCqAxP</a></p>— Rekt Capital (@rektcapital) <a href="https://twitter.com/rektcapital/status/1769659210772468180?ref_src=twsrc%5Etfw">March 18, 2024</a>
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<p>According to well-known crypto analyst Rekt Capital, achieving a monthly close above $0.20 could pave the way for Dogecoin to reclaim the <a href="https://coinpedia.org/price-prediction/dogecoin-price-analysis/">$0.3 price level</a>.</p> 
<p>With transaction volumes surging from 1.22 billion to 9.20 billion within 48 hours, Dogecoin’s popularity within the cryptocurrency sector is on the rise, fueling optimism among investors.</p>

Dogecoin (DOGE) Price Breaks 2021 Highs: Eyes To Hit $0.3 Amid Memecoin Season

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