As December approaches, the largest cryptocurrency asset, Bitcoin, has slipped to $95K, reflecting market volatility. The current market sentiment is dominated by greed, as shown by the Fear and Greed Index settling at 79. Within this context, the meme coin market remains a significant force with a capitalization of $126 billion.
Dogecoin, the leading meme coin, is focusing attention on whether it can break through the $1 threshold after recently overcoming a key resistance level. Over the past period, DOGE has seen a decline of over 3.10%, posing a challenge to its upward momentum.
