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Dogecoin Price Eyes $1.4 as 1.93M Transactions Signal Renewed Network Activity

source-logo  coingape.com 17 September 2024 20:30, UTC

On Tuesday, the cryptocurrency market experienced a bullish rebound driven by speculation of a potential Fed rate cut. Bitcoin led the charge with a surge of over 4%, reaching $65,500, which ignited a recovery trend in various altcoins. As a result, DOGE also saw renewed momentum, reclaiming the $0.1 psychological level. This recovery aligns with a surge in network activity, positioning the Dogecoin price for further bullish movements in the near future.

coingape.com