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Hace 5 días Dogecoin (CRYPTO: DOGE) has notably outpaced Shiba Inu (CRYPTO: SHIB) over the past 12 months, kickstarting a debate on social media over what drives this Hace 7 horas XRP and BNB have also seen notable dips of 3.9% and 3.03%, respectively, over the past day. While XRP is trading at $2.12, BNB is at $653.50. Dogecoin has experienced a According to Lunar Crush, Dogecoin has been declared the most popular meme coin in terms of social volume over the past week. This could have been due to the Dogecoin (DOGE), the original meme coin, is once again at the center of crypto market discussions as its price tests a crucial resistance near $0.1750. Dogecoin (DOGE) signals a possible rally after recently retesting a key support level. On the Bitstamp exchange, the cryptocurrency has fluctuated in price over the

Dogecoin Dips by Over 7% While Social Volume Soars: What's Driving the Meme Coin Mania?

Dogecoin (DOGE), the original meme coin, is once again at the center of crypto market discussions as its price tests a crucial resistance near $0.1750. But despite a price dip, Dogecoin's social volume is skyrocketing, according to Lunar Crush, which declared Dogecoin the most popular meme coin in terms of social volume over the past week.

Recently, Dogecoin (DOGE) signals a possible rally after recently retesting a key support level. The cryptocurrency has fluctuated in price over the on the Bitstamp exchange, leading some to speculate about a potential bounce back. However, the current price action shows Dogecoin has experienced a dip of over 7% today, raising concerns among investors.

While Dogecoin struggles to maintain its price levels, its online presence is undeniable. This surge in social mentions and activity begs the question: What's fueling this meme coin mania?

Hace 5 días, Dogecoin (CRYPTO: DOGE) has notably outpaced Shiba Inu (CRYPTO: SHIB) over the past 12 months, kickstarting a debate on social media over what drives this outperformance. Could this historical trend be contributing to the current social volume spike?

It's worth noting that the broader crypto market is experiencing volatility. Hace 7 horas, XRP and BNB have also seen notable dips of 3.9% and 3.03%, respectively, over the past day. While XRP is trading at $2.12, BNB is at $653.50. This suggests that Dogecoin's dip isn't isolated, and macroeconomic factors may be at play.

Is this a buying opportunity, or a sign of further downside? Only time will tell. Stay updated on the latest Dogecoin news and analysis to make informed investment decisions.

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