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Investing in Dogecoin crypto: should you buy DOGE before $0.2?

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Ben
Ben
I am Ben Stock, a highly experienced news writer with several years of experience in the industry. I currently work for The News Dept as an author, where I specialize in market-related stories. My passion and expertise lies in providing readers with accurate and up-to-date information on the latest financial developments from around the world. I have been recognized for my clear writing style and ability to explain complex topics in simple terms that even those new to financial markets can understand.My research skills are unparalleled when it comes to uncovering data points and trends concerning stocks, bonds, currencies and other assets that could affect global markets.

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This tweet got a lot of attention, especially from Xbox and Snoop Dogg. All this commotion stems from an exchange with Elon Musk earlier this year in which he said he would eat a happy meal on TV if McDonald’s accepted DOGE.

As with Musk’s engagement, the whales of DOGE was excited and active again. DOGE trading volume reached $4.4 billion, equivalent to 32 billion DOGE, which caused DOGE’s value to jump above $0.15, before falling slightly.

Can Dogecoin Maintain Its Momentum?

So far, Dogecoin has gained support on many fronts, including acceptance as a form of payment You are here and the Dallas Mavericks of the NBA. The number of transactions also remained stable around 20,000 to 40,000, so the network is unlikely to lose support. Therefore, memecoin can target $0.2.

Source: The Blog
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