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Much Wow, Dogecoin Go Woof
- Dogecoin (DOGE) has experienced a significant price increase, reaching its highest price since September 29.
- The trading volume of DOGE has surged by 95% in 24 hours, exceeding $1.8 billion on October 16.
- Technical indicators and a bullish trendline break suggest further upward movement for DOGE.
- Elon Musk's involvement and speculation about Tesla accepting DOGE as payment have contributed to the recent rise in price.
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