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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