DOGE has experienced a massive exodus from retail buyers as speculation around its fundamentals finally took its toll.
But is this the start of something new for DOGE?
The exceptions among memecoins that have stayed in the green over the past thirty days are few. With double-digit losses, both dog and cat coins have slipped well below their psychological targets. Even the largest memecoin, Dogecoin [DOGE], hasn’t been spared.
However, as the market begins to recover from its recent meltdown, even memecoins are showing signs of life, with DOGE seeing an 11% jump from the previous day’s close.
Momentum is building. Still, DOGE has a long road ahead to recover its losses and push stakeholders into the green.#BinanceAlphaAlert #MarketCorrectionBuyOrHODL? $BTC