#Dogecoin price has broken dynamic resistance, then retraced back to it. It is retesting now.
The price can rise from these levels to $0.2280, with the initial target of $0.2040.
The support level is $0.11200 to $0.12300
Meme Coins Market Cap Hits $58 Billion
⬆️ The market capitalization of meme coins surged by 8%, reaching $58 billion.
According to CoinGecko, 🐶 meme coins have gained significant popularity among investors and traders.
💪 In the past 24 hours, the meme coin segment has outpaced the overall crypto asset market in growth. While the total market capitalization of the crypto industry increased by 5.5%, Bitcoin (BTC) saw a 6% rise.
✔️ The five largest meme coins by market capitalization account for 77% of the total value of this asset class. These coins are Dogecoin ($DOGE ), Shiba Inu ($SHIB ), Pepe ($PEPE ), Dogwifhat ($WIF), and BONK token ($BONK). Additionally, about thirty meme coins have a market capitalization exceeding the $100 million mark.
