Hold onto your hats because Dogecoin is on a wild ride! This quirky OG meme coin has surged by double digits in the past 24 hours, and the excitement is palpable.
Remember the rocky days of late 2024 when the market took a nosedive and DOGE's price plummeted from over $0.4 to $0.26 in the blink of an eye? Well, our beloved DOGE has been making a steady comeback since then, clinging tightly to the $0.3 support level even as the market wobbled earlier this week.
But wait, there's more! DOGE didn't just bounce back; it rocketed to an impressive $0.38 by Thursday, and the bulls have been putting the pedal to the metal. For the first time since December 12, DOGE flirted with the $0.42 mark, and the excitement is contagious.
What's fueling this energetic rally? Well, aside from the overall market revival, it seems the DOGE whales are making waves. In just 48 hours, they've scooped up a whopping 200 million tokens, creating a surge in demand and driving prices higher.
As if that wasn't enough to keep DOGE enthusiasts buzzing, there's speculation that this rally might just keep going. With the upcoming Trump inauguration and Elon Musk's role in the new administration's Department of Government Efficiency (DOGE), Dogecoin could be in for an even wilder ride. Stay tuned, because this story is far from over!
