Dogecoin has come a long way, riding the wave of the internet meme saga and pushing its way to the top ten best crypto to invest in. However, recently, Dogecoin is faced with a minor price decline that might possibly take a while. Meanwhile, Meme Moguls is ready to boom with a fascinating ecosystem that may end up overtaking Dogecoin. Let’s analyze this possibility.
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In Contrast With Crypto Tony’s Forecast, Dogecoin (DOGE) Faces A Minor Decline
Through the past week, Dogecoin price saw a commendable increase of over 14.78%. But, this upsurge was followed by a recent 8% decline in the past 24 hours, leaving Dogecoin value at $0.0944.
A popular crypto commentator, Crypto Tony praised Dogecoin recently, as it climbed up to $0.10 on its 10th birthday on December 6. However it seems like he commented too soon as the coin is drastically below its support level again.
While Dogecoin still shows promise, it’s important to note it just recently lost over 45% of its trading volume and 8% of its market capitalization. Although it might be good to buy the coin now as Dogecoin price is predicted to experience a significant rise.
Additionally, Dogecoin value, despite being unstable, still remains solid as it is still the most valued meme coin on the market, followed by Shiba Inu. The current price retracement is only a temporary change which doesn’t indicate a shift in the larger trend. Hence, investors can be rest assured as it is still among the best crypto to invest in. Some analysts even predict Dogecoin to hit $0.1 if the bulls eventually overpowers the bears.
>>Buy Meme Moguls Before 100x Growth<<
Meme Moguls (MGLS) May Contend Go to Source to See Full Article
Author: Crypto Daily
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