Dogecoin has once again claimed its peak as the most valuable meme cryptocurrency with nearly 38 percent rise, outpacing Shiba Inu.
The price of Dogecoin touched $0.3298, the highest since August, and has now reclaimed its rank at eighth from tenth, according to CoinmMrketCap, at the time of writing this article. The meme token has formed a W-pattern, indicating two lows. This double bottom in technical analysis of a stock in markets signals the beginning of potential uptrend.
Dogecoin price trend displaying a W. [Image: WazirX]The market capitalisation of Dogecoin has shot past $42 billion, up nearly 30 percent in the last 24 hours.
While Dogecoin was overtaken by its arch-rival, Shiba Inu, dubbed as the 'Dogecoin killer', this might be the
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