Dogecoin Price May Hit $0.6 Shortly!
DOGE price surged notably above $0.48, smashing a new ATH, entering a discovery phase to reach new highs every new minute. The consecutive rallies in the past couple of days, rose the market capitalization significantly. And hence the asset surpassed Tether to become the top 5th cryptocurrency, moreover, on the verge to push XRP too.
The price surge was in pace since the interpreted CEO Elon Musk announced the SNL event on twitter. Moreover, eToro, one of the popular exchanges, added Dogecoin and made the asset available for trade to its 20 million users. Since then the rally has accelerated and on the verge to surpass $0.5 levels.
Despite some corrections the price bounced back the $0.47 levels a couple of times manifesting a strong momentum to rally further. The continued pace may lead the asset to rally further towards $0.6 once the upper resistance at $0.5 is broken successfully.
Also Read: Ethereum and Cardano Price Potentially to Pick 3x Gains
DOGE Is Still Underrated!
The Doge price rally is one of the most eye-catching event oflet. The journey from $0.008 to the current levels around $0.47 led the crypto space on fire. Moreover many influencers and analysts believe $0.6 levels are fast approaching.
Despite the magnificent rally, yet some of the analysts like Dogecoin Rise believe that DOGE price is still underrated.
Many retailers in recent times are adding DOGE as a mode of payments and hence encouraging the people to enter the crypto space. Collectively dogecoin price is expected to rally more highs in coming days. And hence DOGE price is expected to hit another milestone shortly.
Also Read: Ripple’s XRP Price May Rally High In Coming Days!