Dogecoin, a cryptocurrency initially started as a joke, has once again been trading at similar levels seen before its rally in spring 2021. Crypto analyst Kaleo suggested that DOGE could see a rapid increase in value, with a potential high around 20 cents. Kaleo' suggests that the movement will be based on Bitcoin's performance, however the analyst doubts that a rally to the dollar mark is possible. During the initial surge, the meme coin was faced with backing from celebrities, and is currently 89.51% from its all-time high. In the last 24 hours DOGE has seen a moderate 4.1% increase, with a 24 hour trading volume of $834 million and a market capitalization of over $10 billion.
Daniel Jones
- 2023-11-09
Dogecoin Trading Returns to Pre-Rally Levels
![CandleFocus Dogecoin-Cryptocurrency-Joke-CelebrityBacking-Kaleo](https://images.candlefocus.com/Dogecoin-Trading-Returns-to-Pre-Rally-Levels.jpg)