Dogecoin Surges 8% As Elon Musk Jokes DOGE Will Be The 'Official Mascot' Of 'Department Of Government Efficiency'
Portfolio Pulse from Khyathi Dalal
Dogecoin surged 8% following Elon Musk's humorous tweet about making it the 'official mascot' of the 'Department of Government Efficiency'. Analysts predict a potential breakout if DOGE sustains above $0.10, with targets up to $0.6533. Increased transaction volume and active addresses suggest growing interest.
September 09, 2024 | 7:05 pm
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Dogecoin's price surged 8% after Elon Musk's tweet, sparking interest and predictions of a potential breakout if it sustains above $0.10. Increased transaction volume and active addresses indicate growing interest.
Elon Musk's influence on Dogecoin is well-documented, and his recent tweet has led to an 8% price increase. Analysts suggest a potential breakout if DOGE maintains above $0.10, with targets up to $0.6533. The increase in transaction volume and active addresses further supports the bullish sentiment.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100