TL;DR
- Dogecoin has seen increased volatility, with predictions, including by Twitter user AngeloBTC, suggesting it might reach $1.
- The memecoin spiked by 6% in 24 hours and over 8% weekly.
- Dogecoin’s sustained popularity is attributed partly to its endorsement by Elon Musk, Tesla’s CEO, and the interest in other memecoins like Shiba Inu (SHIB).
The first-ever memecoin – Dogecoin (DOGE) – is among the most intriguing digital assets for traders due to its enhanced volatility.
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