Is DOGE Price Being Influenced by Bears? A Market Analysis.
has been declining steadily over the past few weeks, with a drop of over 80% from its all-time high earlier this year. 3 Some analysts attribute this to the overall weakness in the cryptocurrency market, while others believe that the hype around meme coins like Dogecoin is starting to fade. 4 Despite this, Dogecoin has continued to receive attention from notable figures such as Elon Musk and Mark Cuban, who have expressed support for the cryptocurrency. 5 It remains to be seen whether this will have any significant impact on DOGE’s price in the near future.
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