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Retail investors' speculation or real trend? Dogecoin $0.30 test may tell it all

Source: CoinWorld
Dogecoin (DOGE) breaks through key resistance levels and traders will pay attention to its continued upward momentum if it maintains above $0.28. Driven by social media hype and celebrity endorsements, transaction volume surged 35% in the past week. Although Dogecoin lacks strong fundamentals, its emoticon-driven appeal and market risk appetite exacerbates its volatility. Analysts warn that the currency is at high risk, noting that if the bullish trend continues, the next resistance will be $0.35.
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