Dogecoin (DOGE) Rally Accelerates as 3-Day Return Reaches 20%

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Dogecoin (DOGE) Rally Accelerates as 3-Day Return Reaches 20%
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Rumors around $DOGE create the foundation for yet another massive rally as the meme currency gains more than 35% to its value in the last 7 days

is gradually gaining momentum on the market, with the 3-day return of the current rally reaching 20%, which creates the foundation for a solid run to highs we saw back in the beginning of November.

Six days ago, DOGE successfully bounced off of the local support level and then started its way up. In less than a week, the leading meme currency has gained more than 35% to its value, leaving alternatives like Shiba Inu way behind in terms of market performance.Such explosive performance could be tied to a number of factors, including Elon Musk's desire to build his own"Tesla Phone" if Twitter gets delisted from all major application stores on mobile devices.

As an alternative to payments, cryptocurrencies like Dogecoin might get implemented inside the app, making payments from all over the world possible, with no limitations whatsoever thanks to the decentralized nature of Dogecoin's blockchain that mostly replicates

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