Dogecoin (DOGE) one of the most stable cryptos in the market has gained a bit of momentum. The market infiltrates into the green zone and from the last day, the majority of the altcoins have been trading about a neutral point. Today they are looking to move ahead with that same positive impetus.
The Dogecoin in the past three months has shown how much stable it is and its consistency in such a harsh market shows that DOGE can bear the bear market anytime. This gives a great boost to the crypto users and automatically it attracts them to invest in Dogecoin.
Recently, it was claimed that an idea HODLs around $23 million worth of Dogecoins and many other users are HODLing it in very huge numbers. This shows that the investors have a huge interest in the meme coin and they are very enthusiastic about its future bull run.
The thing that will push Dogecoin (DOGE) to be one of the top cryptos of future are its fundamentals that are very much idealistic and purely based on the decentralized blockchain ecosystem. That is one of the reasons it is one of the third most active cryptos in the industry.
The Dogecoin belongs to those cryptos that which can offer the same practicality as fiat. The reason for being one of the most used cryptos for transferring of money is its low transaction rates and stability of its blockchain ecosystem. Just like some other top ass, DOGE provides the users to have total control over their payments.
After the launch of Dogethereum bridge back in 2018, Dogecoin has a very high flight, but it could not resist the bear market for a long time and dropped to $0.002 USD and for a long time, it has been trading at this price. The drop in its price has given it a great chance to go very high once again in the upcoming bull run. This is a healthy stat for the HODlers because they can play with some real money in the future.
Having a look at Dogecoin (DOGE) in today’s market, just like other coins it is surging and in the last 24 hours, DOGE has risen up to 1.5%. At the time of writing, it was trading with a price of $0.00209 USD with a market cap of $247 million and a trading volume of $16 million. So, the meme coin has something to give back to its investors and any time soon, we might hear some big development news from the Dogecoin network.