DeFI News by Thebittimes.Com

The OG meme cryptocurrency Dogecoin (DOGE) has been on the market for quite some time now. The asset’s growth has been at two extremes. While DOGE has moved sluggishly during certain years, the last 12 months have been particularly bullish for the meme coin. The asset hit a notable high of $0.4775 earlier this month. While the community waits for DOGE to surge, several are investing now hoping for the asset to hit a new high. Also Read: Can XRP Hit $2 Before Thanksgiving 2024? Can Dogecoin Reach 50 Cents Soon? Over the past month, Dogecoin has surged by a notable 219%. At press time, DOGE was trading at $0.4302 following a nearly 2% spike over the last 24 hours. Amidst this, the daily volume of Dogecoin dipped. The asset’s 24-hour volume stood at $10.65 billion. Source The asset is expected to hit $0.50 sooner rather than later. The meme coin hit an all-time high of $0.7376 about four years ago in 2021. Currently, DOGE is 41% below this mark. While this seems like a long way...

Meme coins have garnered significant attention in the crypto market, especially during times of heightened market fear. Currently, with the fear and greed index reflecting substantial anxiety, many investors are pondering the potential for profit through meme coins. Despite the prevailing pessimism, there are still opportunities for investors who believe in a market rebound.  With the anticipated bull run on the horizon, meme coins have become one of the most promising cryptocurrencies to watch. Investors are increasingly focused on these coins for their potential to generate substantial returns from relatively small investments. As meme coins gain traction, the potential to turn a $1K investment into $10K is looking more achievable. Turbo (TURBO) Turbo coin had an impressive run earlier this year, reaching a market cap of $600 million before experiencing a correction to approximately $200 million. This represents a 60-70% decline from its peak, which is not unusual for a meme ...