Dogecoin consolidates below $0.40, but the market is buzzing with activity after French President Emmanuel Macron accused Elon Musk of influencing the German elections via X.
š The Stats:
$DOGE futures traders piled in with a staggering $1.18 billion in fresh positions within just 24 hours, pushing open interest to $4.07 billion.
Dogecoin has held steady in the $0.35ā$0.40 range for three days, signaling market uncertainty and anticipation of a breakout.
š„ Whatās Next?
If BTC crosses $100,000, the broader crypto market could ignite bullish momentum, driving DOGE beyond $0.40.
Speculators are eyeing the magic number: $0.50, with traders betting on DOGE's potential to soar.
š„ Key Catalyst: Elon Muskās response could flip the narrative entirely. A convincing rebuttal might reignite DOGE traders' optimism, breaking the price into uncharted territories.
š Eyes on the Prize: A strong close above $0.41 could light the fuse for a run at $0.50!
Stay sharp, traders. The DOGE pack is gearing up for volatile times! š¹
