Yesterday $DOGE took its worst hit since September, down almost 8% — and yet here it is, back on the trending board. The bounce is small so far — up about 0.5% near $0.0727 on roughly $667M in volume — but it's holding above its $0.0703 low instead of giving it back.
Part of the buzz is the ecosystem shuffle: Dogecoin Labs just took over MyDoge, DogeOS and the Such App payments push, with a Nov 18 date on the asset deal still ahead. No new money yet though — $DOGE ETFs have seen no inflows since mid-October and futures open interest keeps shrinking.
$BTC is flat near $75,645, so this isn't the market lifting it. Hold above $0.07 and a push toward the $0.0733 high — then $0.0786 — stays on the table; lose it and the 52-week low near $0.068 comes into view fast. Bottom forming here, or just a pause before another leg down?
#Dogecoin #MemeCoins #BinanceSquare
Part of the buzz is the ecosystem shuffle: Dogecoin Labs just took over MyDoge, DogeOS and the Such App payments push, with a Nov 18 date on the asset deal still ahead. No new money yet though — $DOGE ETFs have seen no inflows since mid-October and futures open interest keeps shrinking.
$BTC is flat near $75,645, so this isn't the market lifting it. Hold above $0.07 and a push toward the $0.0733 high — then $0.0786 — stays on the table; lose it and the 52-week low near $0.068 comes into view fast. Bottom forming here, or just a pause before another leg down?
#Dogecoin #MemeCoins #BinanceSquare