Dogecoin ($DOGE) isn’t just any ol’ dog-themed meme coin. It’s the OG, the first meme coin ever, and today the one with the highest market capitalization ($24.2B). Naturally, meme coin lovers keep an eye on $DOGE for clues to the larger meme coin market’s direction.
In this article, we’ll unpack $DOGE’s current outlook, explain the reasons to be both cheerful and cautious about its future, and discuss how a concept like the Meme Index presale could offer the best strategy in the current market scenario.
Reasons to Be Bullish on $DOGE
On the monthly and weekly charts, Dogecoin is taking support at the crucial 0.618 Fibonacci level. This is a huge buy signal, as it suggests the token has had the perfect amount of correction and is now ready to continue its ..
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