DOGE’s Highs and Lows: Is Dogecoin a Good Investment?
It’s no secret that Dogecoin (DOGE) is a popular investment. Maybe it’s the adorable face of the Dogecoin mascot, a Japanese Shiba Inu breed dog named Doge.
DOGE Surges Following Elon Musk Comments on the Meme Coin
Dogecoin was one of the only crypto tokens to trade higher on Saturday, as comments from Elon Musk boosted prices. Speaking in a Twitter Spaces centered around the FTX collapse, Musk was heard saying: “Doge to the moon.” Solana on the other hand extended its declines, falling by over 15%.
300 Million DOGE Moved in Recent Hours as Dogecoin Loses 20%
Dogecoin has posted significant losses over the past 24 hours, per data from CoinGecko. DOGE has lost over 20% in value over the past 24 hours and is trading around $0.082 at the time of publication.
Kraken Daily Market Report for November 01 2022
The top five traded coins were, respectively, Tether (↓0.02%), Dogecoin (↑12%), Bitcoin (↓0.05%), Ethereum (↑0.4%), and USD Coin (↓0.01%).
