Dogecoin Price X-Triggered Rally: A Bullrun or False Bull Trap?
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Dogecoin price set out on an unexpected rally this week following Elon Musk’s decision to rebrand the leading microblogging platform to X from its well-known Twitter brand. The billionaire said that X will extend its service scope to include digital payments, think of it as China’s WeChat. The meme coin cryptocurrency has in the last The post Dogecoin Price X-Triggered Rally: A Bullrun or False Bull Trap? appeared first on BitcoinLinux.
Last week was another positive period for the Dogecoin price. After concluding the prior week in a phase of consolidation, the meme cryptocurrency carried this trend into the early days of the new week. However, the Dogecoin price kicked off a new 25% rally on Friday, November 22, to create…
Recently, the price of Dogecoin (DOGE), the largest meme coin by market cap, has struggled alongside the general cryptocurrency market. However, the latest price action displays an exciting and positive outlook for the cryptocurrency. Renowned crypto analyst Ali Martinez recently shared a fresh insight on Dogecoin, speculating on a forthcoming…