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DOGE’s Current Rally Attributes to Short-term Holders, What’s Next?

Published 2022-11-30, 10:25 a/m
© Reuters.  DOGE’s Current Rally Attributes to Short-term Holders, What’s Next?

  • DOGE continues surging as it holds above $0.10
  • Over the past week, Dogecoin has seen a 47% increase in price action, culminating in its highest value this week.
  • Long-term investors are however profit-taking which may limit the ongoing bull run.

Dogecoin price action before the recent hype has been relatively muted. The price of DOGE was hovering between $0.063 to $0.05977 on October 25 when the excitement began.

Dogecoin price action in a 3-months chart:Coinmarketcap

Dogecoin has been gaining traction in the cryptocurrency space, and ...

The post DOGE’s Current Rally Attributes to Short-term Holders, What’s Next? appeared first on Coin Edition.

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