Dogecoin (DOGE), recognized as the largest meme coin by market capitalization exceeding $50 billion, experienced a 6% decline in the last 24 hours. Currently trading at $0.3426, according to CoinMarketCap, this drop came after Donald Trump's inauguration speech, which notably did not mention cryptocurrencies despite his pro-crypto stance.
The article suggests this could impact DOGE’s short-term prospects. However, the Dogecoin network saw a surge in transaction activity, which might hint at a potential bullish movement ahead, raising curiosity about whether a breakout is imminent.
Source : coinedition.com ↗