Dogecoin (Doge) is rising due to several factors, including the support from influential figures like Elon Musk, positive political developments such as Trump's victory in the US election which could lead to favorable crypto policies, increased institutional interest and adoption, as well as technical indicators such as the formation of a golden cross pattern on Dogecoin's charts, signaling future gains.
5 answers
BlockchainMastermind
Tue Dec 17 2024
Dogecoin (DOGE) has experienced a significant surge in value.
Martina
Tue Dec 17 2024
Over the past 24 hours, the cryptocurrency has risen by 25%.
CryptoLord
Tue Dec 17 2024
This uptick can be attributed to a change on the Twitter homepage.
Claudio
Tue Dec 17 2024
Specifically, the Shiba Inu symbol representing Dogecoin replaced the familiar blue bird logo.
CryptoEmpire
Mon Dec 16 2024
Following this change,
Dogecoin reached a trading price of $0.097, marking its highest level since early February.