Dogecoin DOGE: Will $1 Come Back?
The price of Dogecoin has once again become the focus of market attention, coinciding with a series of regulatory and corporate developments and a sharp price rebound.
From the $50 million Dogecoin mining acquisition related to Trump, to Wyoming launching the first state government-backed stablecoin, the landscape for digital assets is changing.
Coupled with the Federal Reserve hinting at a more lenient stance on cryptocurrencies, you have the perfect recipe for institutional funds flowing into meme coins like Dogecoin.
The current daily chart reflects this reignited optimism, with price action breaking through short-term resistance and testing the upper Bollinger Band.
The big question is: Can this wave of institutional confidence support a rebound to 30 cents and above? $DOGE $DOGE