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Here’s why Dogecoin justifies it’s status of ‘people’s coin’
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Dogecoin has had a long-standing loyal user base, vouching for it at any time regardless of varied criticism floating in the market. The coin continues to remain among the top coins. Moreover, even though it’s growth was interrupted in the recent past, new developments have transpired.
Yesterday, was a rather fruitful day for DOGE as it marked the highest single-day rise of the month.
Even though most in the market including Bitcoin did not mark significant growth this week, DOGE climbed up the price charts by 16.16%.
Dogecoin price action | Source: TradingView – AMBCrypto
A potential cause behind this rise could be Elon Musk’s proclamation of his team at Tesla and SpaceX owning DOGE. He said that these people aren’t necessarily financial
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