Such spikes, lots of awesome! Why this analyst is calling Elon Musk with the rise of Dozcoin today, Dogecoin DOGE rose 12.6% to $ 0.17 in the 24 hours to Thursday morning.What's wrong? Mem cryptocurrency rose 9.6% over a 7-day follow-up period.
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| Such spikes, lots of awesome! Why this analyst is calling Elon Musk with the rise of Dozcoin today |
Unlike the larger cryptocurrencies Bitcoin BTC and Ethereum ETH, DOGE traded 9.9% and 8.8% higher in 24 hours, respectively.
DOGE increased 7.8% in the 30-day window from 26.45% in the last 90 days.
DOGE was included in the "Top 10 Mentions" of the Twitter list edited by Cointrendz. At the time of the press, the cryptocurrency collected 3,076 tweets.
The three most talked-about currencies on the list are Bitcoin, Ethereum and Solana. We collected 11,327, 4,673, and 4,231 tweets, respectively.
Consumer inflation figures released by the Ministry of Labor on Wednesday show that inflation has reached a record high of 7%, the fastest since 1982. In parallel, the dollar index fell on the same day. The collapse of the greenback was due to a "news sale" event by OANDA senior analyst Edward Moya.
Pseudonym analyst Cario tweeted Wednesday that the next point of currency resistance would be 24 cents, assuming Doge wouldn't return to current levels.
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