Many here are Doge coin $Doge enthusiast so the massive price increase that has been taking place is no secret. In just 24 hrs the market pushed $Doge from $.0070 to $.027 with a copious price mark up of 77%. This token that started out as a "shit coin" cannot be labeled as such especially when you look at the coin's statistics. With a market cap of $3.5B and a 24 hr trading volume of $5.9B this currency can no longer be ignored or discounted as a "shit coin".
Source: https://www.coingecko.com/en/coins/dogecoin
The price action has been nothing short of amazing for Doge coin. On Jan 17th there was a bullish sentiment in the market with $Doge price just at $.0091.
However Jan 21 price started to move sideways and subsequently formed a descending triangle due to the alt-coin market becoming temporarily bearish. Causing a selloff for various crypto-currencies including $Doge.
Price pulled back to around $.007; buyers took full advantage of the discounted reversing the price momentum. Bulls are now back in charge of the market establishing a new all time high for 2021.
Moving forward will $Doge price break above $.027 in the next 14 days? Please don't forget to tip, leave a comment or questions below.
