DOGE down 26% from last week’s high – What’s this week’s price prediction?

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Dogecoin saw a 30% pullback after reaching the local highs at $0.206. This week's price action could see more losses for the meme coin.

prices toppled below the $70k level. This event also caused bullish conviction to evaporate across the market, at least in the short term.has dropped after the first week of March, indicating reduced fervor behind the meme coin. Technical analysis showed that DOGE could drop toward the $0.1 mark this week., posted on X that the recent rally was indicative of a move to $1.The advent of Dogecoin was crucial in preparing the ground for the present expansion of the memecoin arena.

The rumors about DOGE being the official means of crypto payment began to grow. Within a week, the meme coin’s value had more than doubled. In addition to its support for clean water efforts and the Jamaican sledge team, the currency quickly gained a following. Despite its amusing origins, Dogecoin developed a particular charm by incorporating charity, community spirit, and internet culture.

A few weeks ago, the Federal Communications Commission authorized the DOGE-1 Moon Mission for launch on the 12th of January 2024. The announcement was made by Doge Norway on X.meme crypto in spaceThe DOGE-1 satellite project was unveiled by the Geometric Energy Corporation, a space technology corporation, in May 2021.

 

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