Can DOGE Bulls Defend $0.075 Support and Resume its Uptrend?

The price of meme cryptocurrency Dogecoin has fallen close to a crucial support level of $0.075, following a correction after a weekend rally. The decline of nearly 7% since 2 April has wiped out weekend gains, with support now needed to push the meme coin back up. More than 42,000 wallet addresses accumulated the currency around the $0.075 mark, according to crypto intelligence tracker IntoTheBlock, with whales holding between one million and 10 million Dogecoins continuing to accumulate the cryptocurrency. In the UK, fast food chain Burger King raised speculation that it will accept DOGE as payment, which may sustain bullish sentiment.

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About The Author

Niels I have been passionate about dogecoin since 2019, and have since become an avid follower and advocate of the cryptocurrency. I keep a close eye on the Dogecoin market and trends, and I'm always up-to-date with the latest news and developments. As a true believer in the potential of dogecoin, I am excited to be a part of the growing community and I'm eager to share my knowledge and experience with others. When not busy with dogecoin, I enjoy golf, and I can often be found on the golf course.

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