- Dogecoin struggle at its current position.
- DOGE remains in the top ten crypto ranking.
Dogecoin, the meme coin favored by the CEO of Tesla (NASDAQ:TSLA) and Bitcoin enthusiast, Elon Musk, remains one of the most talked-about cryptos in the space. This is due to its aggressive performance in smashing one resistance level to another. However, in these past few days, the crypto was having trouble uplifting its position to the next level.
This made crypto YouTuber and enthusiast Matt Wallace react in a tweet post:
This is the third time #Dogecoin has dropped this far since April.Each time not long after $Doge makes a breakout attempt!
My metrics point to this next breakout attempt being THE BIG ONE!!! pic.twitter.com/dkRZzvt4SV
— Matt Wallace (@MattWallace888) November 28, 2021
The post made by Matt Wallace stated his thoughts about the current swing of Dogecoin and its possible performance in the coming days. The tweet gathered different opinions in the Twitter (NYSE:TWTR) community with some agreeing while others have different opinions. Furthermore, the tweet has been retweeted over 140 times with 700 likes that are continuously increasing.
On the other hand, Dogecoin remains to be the famous meme coin that entered the top ten crypto assets in CoinGecko. This is because of its supporters that invest hard in the meme token. Of course, let us not forget Elon Musk, the fan of Dogecoin that contributed a lot in the journey of DOGE to success in the crypto world.
At the time of writing, Dogecoin (DOGE) trades at a decent price of $.20 per crypto with a huge market cap of over $26 billion. In addition, it has a 24-hour trading volume of almost $1.2 billion. Indeed, these numbers that Dogecoin recorded continue to catch the attention of investors around the world.