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Dogecoin (DOGE) has seen a significant price increase of over 10% in the past 24 hours, reaching $0.0997 as of August 16, 2024. This surge can be attributed to the overall bullish trend in the crypto market, led by Bitcoin's recent rally.
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DOGE's market capitalization currently stands at $14.51 billion, with a 24-hour trading volume of $637.74 million.
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Some analysts predict a potential 40% slide in DOGE's price, while others see a 2500% rally in the future. The DOGE/BTC ratio remains at bear-market depths, indicating a potential for further growth.
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Dogecoin dominates the memecoin market with a 72.75% profitability rate, surpassing SHIB, FLOKI, and PEPE.
A Dogecoin whale recently moved 103 million DOGE tokens, potentially triggering a bull run for low-cost altcoins.
DOGE's price is expected to skyrocket 74% as addresses hit 6.56M.
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