! ! ! Important reminder! ! ! ! ! ! $DOGE hits again. Recently, it hit $0.48, and the price rose by 6% on the day. Can DOGE break through the historical high and hit $1? Holders of Dogecoin must read this.
With the recovery of the market, Dogecoin has risen again by 6% to $0.44. Data shows that since November 12, the price of DOGE has been between $0.35 and $0.45. This position has become a strong support.
What caused the price increase today? For the first time, it broke through the $100,000 mark. Affected by bullish sentiment, many altcoins also rose. Every time the altcoins rose, MEME coins were the first to bear the brunt, and DOGE followed suit. In addition, Dogecoin is the only currency after Ethereum that has a significant daily increase, and its popularity is quite high.
Another reason for the rise of Dogecoin is its financing rate. Before the price rose on the 5th, the weighted financing rate of the open interest rate soared. After 8 hours, the open interest rate soared to 0.098%, which also shows that the number of people who dare to go long is increasing. At the same time, the open interest OI is at a historical high, increasing by 17% within 24 hours. Up to 4 billion US dollars
With Trump taking office in January 2025, Musk will be the biggest beneficiary. DOGE, as Ma's own son, still has a lot of circulation space, such as X's reward payment, Tesla can use Dogecoin payment, etc. Can it rise to 2 US dollars or even 5 US dollars in the future? Type 888 in the comment area. I will explain it to you in detail later. Or click on the main leaf to add a follow, read the introduction, and find me for answers one step faster than others
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