Elon Musk puts Dogecoin (DOGE) on radar as meme coin ready to skyrocket
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What this authority will do is not yet clear, as well as not being clear whether it will ever exist at all, although some politicians have already begun to support Musk's idea. One thing that is certain is that the billionaire has once again advertised At the same time, the price of the Dogecoin meme itself continues to show relatively bullish dynamics. Thus, since the beginning of the new daily candle, the previous day's decline was almost completely bought out.
Moreover, since the beginning of the week, the price of DOGE has already added 6.76% and seems to be actually executing the very bullish falling wedge pattern, identified on its chart a few days earlier. could be waiting for a “flight” to $0.15 per DOGE, which would mean a 50% gain from current values. Will Musk's mention of DOGE help fulfill that goal? It iss an open question, but so far all the ingredients seem to be adding up to the right recipe.
Gamza graduated with a degree in finance and credit with a specialization in securities and financial derivatives. He then also completed a master's program in banking and asset management. He wants to have a hand in covering economic and fintech topics, as well as educate more people about cryptocurrencies and blockchain.
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