Learn more about the Dogecoin Foundation and its Trailmap for Dogecoin! Invest in DOGE However, investors appear to have kicked off the week with a critical eye, potentially viewing this weekend's impressive rally as overdone. Indeed, a rally of more than 25% in any asset over such a short period of time is bound to invite some investors to take the other side of the trade. There's plenty of buzz continuing to build around some sort of Dogecoin-related announcement for X's future payments strategy. But until we see something materialize, it's entirely possible that this \"sell the news\" rally could continue.
"Elon is basically pushing up this message of, 'Why can't dogecoin have value?'" said Felman. "It's part of the GameStop boom. People like these narratives. They like these stories. They like these jokes. And dogecoin just captured the mind and imagination of every single retail investor." Reader services (0%)