Dogecoin Soars 48% as Traders Eye $1 Milestone Amid Growing Enthusiasm
Dogecoin has surged by 48% within the past 24 hours, capturing traders' attention as it aims for the notable $1 price point. This dramatic increase comes as Dogecoin’s price exceeds 41 cents, a level not seen since May 2021. Endorsements from Elon Musk are among the factors fueling this growth, along with heightened investor and media interest. Despite the gains, the volatility has led to significant losses in futures, emphasizing the token's unpredictable nature.
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