Is Dogecoin (DOGE)đ¶ Still Just a Meme? Or Making a Comeback?
Hay crypto family let's breakdown another coin the new hype of the market "Doge".
âïžDogecoin is making noise again! As of May 16, 2025, it's trading around $0.22, up 15% in the past week and over 38% this month. Thatâs not just hypeâthereâs some real momentum here.
Why is DOGE Pumping?đ
Elon Musk dropped hints (again) about using DOGE in Tesla payments.
Some talk around meme-coin ETFs is fueling excitement.
Big wallets are accumulating, which usually signals confidence.
And with low transaction fees, DOGE is still attractive for small payments.
But Itâs Not All Woof
DOGE is still super volatile and doesnât offer much real utility yet. Plus, unlike Bitcoin, it has no supply cap, so inflation is a concern.đ±
Whatâs Next?đ
If it breaks past $0.23, we might see it push towards $0.25 or even $0.30. But as always, it could pull back just as fast.
My tip:
As it goes back just take the advantage so go and purchase or trade the coin from heređ
