DOGE coin is widely关注ed in the market due to its active community and enthusiastic supporters. Particularly in the Meme coin sector, DOGE's performance has been outstanding. Reports indicate that in 2024, DOGE and other well-known Meme coins like SHIB have become one of the sectors with the highest gains in the cryptocurrency field. Additionally, one of the founders of DOGE, Billy Markus, revealed that DOGE may implement a deflationary policy, which has sparked widespread attention and discussion in the market.

The technical indicators of DOGE coin suggest that the current pullback may be to accumulate more upward momentum. Analysts point out that the key support level for DOGE coin is around $0.32, while the pressure level above is near $0.4. At the same time, the price movement of DOGE coin is greatly influenced by market sentiment, especially after the announcement of major news or events, where price fluctuations are more severe. Despite this, many investors remain optimistic about the long-term prospects of DOGE coin, suggesting to hold patiently $DOGE $SHIB $DOGS