Dogecoin has experienced a significant increase in trading volume, rising by 87%. However, its price has dropped by 5.20% in the past 24 hours and lost a zero over the past week. Tesla CEO Elon Musk's mention of the cryptocurrency on Twitter sparked interest, but despite celebrity endorsements, Dogecoin's adoption for business transactions remains limited. The market sentiment for Dogecoin is currently bearish, with the cryptocurrency struggling to break key resistance levels.



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