What is the Anticipated Price Projection for Dogecoin (DOGE) this Coming Weekend?
The cryptocurrency market has seen major crypto assets remain stuck within narrow trading ranges, while new tokens have displayed strength. Dogecoin recently launched its own version of Bitcoin ordinals, called ‘Doginals’, which are NFTs on Dogecoin. However, DOGE’s price remains within a restricted region, and its upcoming price action is unclear. The daily transactions for Doginals surged to 1.12 million, marking a jump of more than 5,500%, after the DRC-20 standard was launched. Litecoin also recently launched its own LRC-20 standard, which impacted the price. Currently, the DOGE price is trading along the lower trend line and is triggering a rebound from the lows. Once the bulls sustain above certain levels, the rally may gain momentum and reach upper targets, potentially resulting in a price gain above $0.1.