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Can Dogecoin Reach $1?
The dog-themed digital asset trades well off its peak price. This year has been a positive one for the overall cryptocurrency market. The industry's value, now at about $2.2 trillion, has climbed 29% since the start of 2024. However, that favorable backdrop hasn't benefited all digital assets like you might imagine. Just look at Dogecoin (DOGE 5.27%). It's up an unremarkable 20% on the year, underperforming the market. As of this writing, this speculative cryptocurrency trades at about 85% off its all-time high, a milestone that was achieved in May 2021. But the bulls have their sights on a lofty target. Can Dogecoin ... (full story)
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- Posted: Oct 14, 2024 10:10pm
- Submitted by:Category: Fundamental AnalysisComments: 0 / Views: 138
