Dogecoin Soars 6% in 24 Hours: A Billion-Dollar Tail Wag!

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Oh my dog, if you thought Dogecoin (DOGE) was done playing fetch, think again! In the last 24 hours, this beloved crypto has been on a wild ride, with its trading volume rocketing past $1.19 billion. According to CoinMarketCap, it’s like DOGE decided to do a backflip and landed with a thud on the moon! 🚀🐶

But wait, there’s more! The crypto market is bouncing back with a vengeance, and it’s early Tuesday morning. Most digital assets are in the green, and positive vibes are everywhere. Cryptocurrency exchange-traded products (ETPs) saw a modest inflow of $226 million last week, according to CoinShares. So, while traders are still being cautious, it seems like the lower prices are finally attracting some bargain hunters. 🛒✨

And Dogecoin? Well, it’s wagging its tail with a nearly 8% jump in the last 24 hours. As of press time, the price of DOGE is sitting pretty at $0.173, up a whopping 7.65% in just one day. This upward momentum is like a pack of excited puppies, and it’s catching the attention of investors who are eager to get a piece of the action. 🎉,

With a 19% surge in trading volume to $1.19 billion, it’s clear that traders are trying to cash in on the recent market frenzy. But here’s the million-dollar question: is Dogecoin finding its groove, or is it just a fleeting moment of puppy love? 🤔

After four straight days of falling, Dogecoin finally hit rock bottom at $0.16 on March 31. But fear not, for the bulls have come to the rescue! The recovery has been steady, and in the early Tuesday session, Dogecoin reached a high of $0.175. If buyers can push and hold the price over $0.20, it could be a sign that Dogecoin has found its sweet spot at $0.16. From there, it might just wag its way up to $0.24. 📈

However, if Dogecoin decides to take a nosedive, it might retest support at $0.16. If it doesn’t stop there, it could fall all the way to $0.14, where buyers are likely to jump in. Any bounce at $0.14 could trigger a sell-off at the moving averages. And if the price falls below the moving averages, it could spell trouble, possibly driving Dogecoin down to $0.10. 🤞

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2025-04-01 16:16