The leading meme coin, Dogecoin (DOGE), has experienced a decline of 6.6% in the past seven days, leading investors to question its upward potential. However, analyst KrissPax suggests that concerns over the asset are overblown, stating that price corrections are normal after extended rallies. KrissPax's views align with the crypto intelligence platform Santiment, which argues that DOGE's bull run is still intact based on the Mean Dollar Invested Age metric. This metric has decreased by 31% in the past eight weeks, indicating that coins are returning to circulation and suggesting increased network activity.
- Content Editor ( thecryptobasic.com )
- 2024-12-11
Pundit Says Nothing Is Wrong With Dogecoin as DOGE Rally Stalls