Dogecoin Price Pumps 6% After Elon Musk Mentions DOGE Department On Joe Rogan Podcast, But Experts Say Consider This Rival Meme Coin For Massive Gains
The Dogecoin price pumped more than 6% in the last 24 hours to trade at $0.1622 as of 11:24 p.m. EST . The pump came after Elon Musk mentioned DOGE during an interview on the Joe Rogan podcast, referring to the acronym for the Department of Government Efficiency (DOGE) that he might head if Donald Trump is elected president. Such references have often triggered spikes in the Dogecoin price. Dogecoin Price About To Challenge Resistance 4-hour chart for DOGE/USD (Source: GeckoTerminal ) The Dogecoin price has been in a positive sequence on the 4-hour chart in the last 24 hours, and is now attempting to overcome the resistance level at $0.1680. A 4-hour candle close above this threshold within the next 12 hours could give the leading meme coin the foundation needed to rise to as high as $0.1921 in the short term. On the other hand, bears preventing DOGE from breaking above $0.1680 within the next 12 hours could bring an end to the crypto’s positive momentum. This could instea...