- DOGE is currently trading at ₹6.50, up by 3% in the past 1 day
- It has found a support around ₹6.0 – ₹6.2 since last 2 months which has previously played as a buying zones for bulls
The token is seeing positive momentum due to the following reasons:
- Dogecoin’s daily transaction reached an all time high after ‘DRC-20’ tokens were introduced. This allows the creation of meme coins in their network.
- Number of daily transactions on Dogecoin even surpassed Bitcoin with over 1.12 million transactions.
- Daily active addresses have increased by 30% since the last 10 days, reaching close to 60,000 as on 17th May.
Note: This is not an investment advice and we highly recommend that you do your own research
Source: Bitinfocharts Santiments
