$DOGE

As of January 4, 2025, Dogecoin (DOGE) is trading at approximately $0.378, reflecting an increase of about 11.35% over the past 24 hours.

This recent surge is part of a broader positive trend in the cryptocurrency market, with other digital assets like XRP and Ethereum also experiencing significant gains.

Technical analysis indicates that Dogecoin is currently testing a key resistance level at the 26-day Exponential Moving Average (EMA). A successful breakout above this level could potentially propel the price toward the $0.40 to $0.42 range. Conversely, failure to surpass this resistance may lead to a consolidation around the $0.30 support level.

In related news, Billy Markus, co-creator of Dogecoin, recently commented on the cryptocurrency's utility, suggesting that while it wasn't created with a specific purpose, tipping is a "cool" use case and perhaps one of its most fitting roles.