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Jun 25, 2024
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Comments Off on Dogecoin Attracts Nearly $21 Million in Accumulation Amid Market Decline: Can Bulls Spark a DOGE Price Rally?

Dogecoin Attracts Nearly $21 Million in Accumulation Amid Market Decline: Can Bulls Spark a DOGE Price Rally?

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Despite Bitcoin’s recent decline towards the $58K level, the meme coin sector has maintained its momentum. Many top meme coins preserved their volatility during the sharp market drop, as they are generally less affected by market declines. Notably, Dogecoin’s price has rebounded from its recent low due to increased accumulation. Currently, DOGE is targeting a

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Business * Despite Bitcoin’s recent decline towards the $58K level, the meme coin sector has maintained its momentum. Many top meme coins preserved their volatility during the sharp market drop, as they are generally less affected by market declines. Notably, Dogecoin’s price has rebounded from its recent low due to increased accumulation. Currently, DOGE is targeting a breakout above its resistance lines.

Dogecoin Sees Comeback in On-chain Signals In the past 24 hours, Dogecoin experienced significant liquidations as traders on both sides faced losses due to increased market volatility. According to Coinglass, the total liquidations for Dogecoin exceeded $src.6 million, with short positions accounting for nearly $src million of that total.

The recent market dow

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