Dogecoin Faces Big Problem at $0.21 Price Level
Social media expert Ali Martinez explains why Dogecoin has trouble going above $0.21. Many investors bought coins at this price and want to sell them.
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Ali Martinez is a popular social media person who talks about crypto. He found that 10.50 billion Dogecoin were bought at $0.21. This creates a big problem for the price.
Right now, Dogecoin costs $0.1999, which is just under $0.21. When the price reaches $0.21, many people will probably sell their coins because they want to get their money back. This year, Dogecoin lost 37.52% of its value, while Bitcoin gained over 17%.
In the last month, Dogecoin dropped more than 26.5%. The company behind Dogecoin bought a soccer club and is working on new projects, but the price is still struggling. Traders are watching to see if Dogecoin can break through the $0.21 level.
Original Article
benzinga.comhttps://www.benzinga.com/crypto/cryptocurrency/25/10/48319348/dogecoins-0-21-problem-why-this-analyst-says-keep-it-on-your-radar