$DOGE šHere's why:
šÆ On March 14, Robinhood allowed Dogecoin transactions which makes this coin more attractive.
šÆ Rumors say that Dogecoin can be used for payments by Elon Musk's company, X Payments.
šÆ Another rumor emerged about Tesla accepting Dogecoin as payment.
Reasons for trading Dogecoin:
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More and more investors are showing confidence in Dogecoin.
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The crypto market in general is growing rapidly, especially Bitcoin which is reaching new peaks. This will probably also benefit Dogecoin.
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The increasing interest in memecoins, including Dogecoin, can result in increased investment in Dogecoin.
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Dogecoin showed a big spike in trading volume, above $4 billion on February 29, 2024. This means that interest in buying and selling Dogecoin is increasing, strengthening its position in the market.
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