Dogecoin (DOGE) Price Analysis As $2 Billion Enters the Market – $1 on the Horizon?
Dogecoin, the meme-inspired cryptocurrency, has once again captured the attention of investors with its notable strides. In the last 24 hours, a staggering $2 billion has flowed into the Dogecoin market, bringing its valuation from $22.79 billion as of May 20 to $24.9 billion today.
DOGE now trades above the $0.16 threshold, with a nearly 11% increase in the last 24 hours. This sudden influx of capital and price surge has reignited the dreams of Dogecoin believers. But how far can DOGE sustain this rally? Is the ascent to $1 imminent? Let’s find out!
