• Dogecoin has recently been showing some positive changes and is now among the top 10 tokens that Binance Smart Chain (BSC) whales have accumulated in the last 24hrs, along with XRP, Filecoin (FIL) and Terra (LUNA).
• Dogecoin’s trading volume has surged more than 300% in just a span of one day and its market cap has managed to hit $10.3 billion.
• Despite the positive changes, it is too early to predict whether Dogecoin will experience a 100% surge by the end of the week.
Dogecoin, the world’s favourite meme cryptocurrency, has been making headlines lately. After two years of being submerged in a bearish atmosphere, Dogecoin is now showing some positive signs of recovery. The recent surge in Dogecoin’s trading volume and market cap, has made it one of the top 10 tokens that Binance Smart Chain (BSC) whales have accumulated in the last 24hrs.
The list of tokens includes popular cryptocurrencies such as XRP, Filecoin (FIL), and Terra (LUNA). This has seen Dogecoin’s trading volume surge more than 300% in just a span of one day and its market cap managed to hit $10.3 billion.
The crypto market has been extremely volatile since the start of 2023. Despite the positive changes that Dogecoin has been undergoing, it is too early to predict whether Dogecoin will experience a 100% surge by the end of the week. Analysts are optimistic about Dogecoin’s future and believe that its market cap could reach $25 billion in the coming months.
It is important to remember that Dogecoin is still a relatively new cryptocurrency and is prone to immense volatility. As such, it is important to invest responsibly and keep an eye on the market fluctuations. With the right investments, Dogecoin could be a great asset for long-term investors.