The start of December has amassed enthusiasm and solace amongst the folks from the crypto street. Cryptocoiners have pinned high hopes on the last month of the year, for a bullish propulsion from the current levels. Wherefore meme coin enthusiasts lineup for a massive altseason.
Dogecoin remains the undisputed meme coin despite the shortcomings and repetitive efforts by the Doge-killer Shiba Inu. Enthusiasts from the community have been bullish on DOGE’s comeback on the market charts. Meanwhile, Binance resumes Dogecoin’s withdrawals from its platform, following comments from Elon Musk.
Will Doge Troops Lead The Convoy Of Meme Coins?
Dogecoin remains the top meme coin despite the shortcomings in the network. And the repetitive efforts by Shiba Inu to claim the top position. DOGE community has been holding a firm stance over the meme coin. The official Twitter handle holds 2.5 Million followers. Which is higher than several top-performing utility chains.
As previously mentioned by CoinPedia, Dogecoin has made its way to the top 10 most actively used smart contracts on the Ethereum blockchain. Which is in addition to numerous listings on exchange platforms across the globe. And the acceptance of DOGE as a medium of payment.
Dogecoin (DOGE) Price
DOGE price at press time is trading at $0.213805 while registering negative gains of 4.1%. The market cap of the meme coin is hovering around $28,296,262,818. While the trade volumes for 24-hours are at $1,107,515,162. The meme coin is trading in the bandwidth for 24-hours from $0.211561 to $0.225452.
Collectively, the analyst cites that the 10th largest crypto has broken through the triangle, and is inching closer to the resistance levels around $0.2271. The analyst mentions that DOGE is looking good for an up move. While guiding to buy positionally above $0.227 levels for target levels around $0.25 and $0.27.