Dogecoin (DOGE), produced on December 6, 2013, experienced a huge rise as a birthday gift.
On December 6, 2013, Billy Markus, a software engineer at IBM, and Jackson Palmer, an Adobe software engineer, developed Dogecoin. Dogecoin (DOGE), which was first released as a joke, is 10 years old today.
The price of DOGE, the leader of memecoins in terms of market value, literally exploded. DOGE, which has increased by more than 20 percent in the last 24 hours, has literally received a birthday gift.
Can the accelerated movement in DOGE, which has experienced a significant increase as it turned 10 years old, continue? To what levels can we observe an increase?
DOGE investors are finally happy!
Although BTC has been rising since $ 30,000, DOGE, which could not show the expected increase, finally made its investors happy. Memecoin, which started to increase on its birthday, managed to reach $ 0.10645 with an increase of 21.82 percent. The fact that this level was a critical resistance created selling pressure and pulled the price down to $0.10003. Currently pricing at the decision point, when DOGE breaks $0.10645 in volume, it can move towards $0.11242 – 0.11855 – 0.12610 and $0.13113 respectively.
Factors such as a special situation not occurring for a long time as we witnessed today, BTC dominance continuing to increase or DOGE breaking $0.10003 downwards will trigger the selling pressure in the parity. In such a scenario, there may be a decrease first to 0.009487 dollars and then to 0.08773, 0.08373 – 0.07893 – 0.07390 and 0.06849 dollars respectively.
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