šøšøšøšøšøššššššøšøšøšøšøš„Musk Says He's Returning to the āMeme Grindstoneā Dogecoin Price Predictionš„
š„After software entrepreneur Elon Musk tweeted that he will āget back on the meme grindstone soonā, Dogecoin rose 30% in 24 hours.
š„DOGE has risen 50% in a week and 57% in 30 days, suggesting Musk would start pumping DOGE.
š„Bitcoin ETF volumes have boosted market purchasing in a bullish environment.
š„With DOGE up by āonlyā 55% in the last year (mostly from this week), the meme token has room to rally shortly.
š„The market has ignored and oversold DOGE for months, so today's rally may have been long overdue.
š„RSI has risen over 70 in the previous day, indicating strong buying pressure.
š„DOGE's 30-day average has been climbing sharply, predicting a potential breakthrough for the meme currency.
š„Most encouragingly, the coin's 24-hour trading volume has increased to $7.3 billion in the previous few hours from $300 million a few days ago.
š„Other big coins have seen similar high volume surge, suggesting a full-blown bull market.
š„However, DOGE's old friend Elon Musk has hinted that he may indirectly boost the joke coin's price.
š„Honestly, Elon Musk tweeting jokes doesn't indicate DOGE will get stronger or more helpful soon.
š„However, the market seems to have seen his tweet as a signal to buy in DOGE again.
š„Recent transfer data suggests that many whales have utilized this interpretation.
š„DOGE's only assets are memes and hype, but its community hopes X will bring crypto and DOGE payments one day.
š„X has applied for payments licenses in recent months, but this is unlikely.
š„However, Dogecoin may rise to $0.2 in the next months.
#DOGE #TrendingTopic #BTC #Write2Earn #EarnSmart $DOGE