I will keep my thesis about $DOGE becomes a currency.
Technical Analysis
It seems inefficiency at first.
Average transaction fee is more expensive than coin value itself! What!??
Actually, the average transaction fee is relatively low.
It is at the oversold territory.
Its unlimited supply will reflect its currency status in the long term.
Joke coin performs well in the market down turn.
Thanks for reading and see you tomorrow!
-------------------------------------------------------------------------------------
You can reference my previous analysis here:
Disclosure: I/we have no positions in any cryptocurrencies mentioned, and no plans to initiate any positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it. I have no business relationship with any company whose cryptocurrencies are mentioned in this article. This information is only for educational purposes.