Original meme cryptocurrency DOGE may face beginning of new bull run and potentially reach much-anticipated $1 level
price performance. The expert believes that the original canine cryptocurrency based on Shiba Inu memes may potentially rise to as high as $1.
However, the analyst also warns that traders should keep an eye on the $0.0482 level of support, since"any sign of weakness around this level could lead to a new yearly low."At the time of this writing, DOGE is changing hands at $0.0586. Since Oct. 2, the leading meme coin has lost 8.46% with the price dropping from $0.0640 to the level where it is trading at the moment.
Mishaboar explains his skepticism by saying that"the market is unfair and corrupted, building value out of sentiment and hot air," and a lot of people on it do not understand the full risks of crypto speculation.
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