menu
techminis

A naukri.com initiative

google-web-stories
Home

>

Dogecoin News

>

Why Dogeco...
source image

Cryptopotato

3d

read

301

img
dot

Image Credit: Cryptopotato

Why Dogecoin Investors Should Worry About DOGE’s Price

  • Binance futures traders are highly bullish on DOGE, with over 72% of positions being longs.
  • However, history has shown that too many longs can lead to a move in the opposite direction. In the past, optimistic sentiment has not translated into higher prices for DOGE.
  • Whales have been buying up DOGE, accumulating over 800 million coins. This reduces the available supply and can create FOMO (fear of missing out) among smaller investors.
  • Analysts still predict potential price surges for DOGE, with some forecasting a 3x increase. However, recent market movements are indicating a pivotal juncture for the asset's price, with potential highs of $0.23 or lows of $0.11.

Read Full Article

like

18 Likes

For uninterrupted reading, download the app