As cryptocurrencies are soaring in unison due to the Trump rally, Doge (DOGE) has recorded the highest increase rate, soaring 83% in the past week, and is expected to continue to rise.
CoinDesk, a media outlet specializing in crypto assets, reported on the 10th (local time). As of 8:30 a.m. on the 11th, CoinMarketCap, a global coin market relay site,
Dozicoin surged 27.46% from 24 hours ago to 27.6 cents, the largest increase among the top 10 cryptocurrencies by market capitalization.
Bitcoin, the cryptocurrency with the largest market capitalization, has only increased by 17.11%, while Ethereum, the cryptocurrency with the second largest market capitalization, has only increased by 30.14%.
Experts say that looking at the chart of Dozicoin, it is repeating the pattern of the May 2021 rally.
In particular, the 50-week moving average is expected to cross above the 100-week moving average, which is evidence that previously hesitant investors are buying into Dozico.
This has led CoinDesk to predict that DoZicoin will rally over the coming weeks. DoZicoin's all-time high was 73 cents in May 2021.
CoinDesk predicted that Dozicoin would cross this line.
2024/11/11 10:03 KST
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