DOGE At the time of writing, it continues the day with a 10 percent increase and has regained the key level. Bitcoin (BTC) 
$67,945 We see leading altcoins such as SHIB and DOGE making significant gains as the price climbs back above $68,000. So, what are the expectations for the continuation of the rise?
Dogecoin (DOGE)
Closes above $0.105 dogecoin 
$0.13437 We mentioned that the price could achieve significant gains. It happened as expected and the price has now surpassed $0.13. These impressive rises experienced by assets such as Dogecoin reflect the potential for further increases in altcoins in general. Double-digit gains for the largest altcoins by market cap would undermine BTC market dominance and could revive demand for smaller altcoins.
meme coins Even though the number of alternatives increases, only a small fraction of the thousands of meme coins will survive a year from now. This enables those who are risk-averse, want to profit from meme coin rises, but are long-term buyers, to turn to well-established assets such as DOGE.
Meme coins, which experienced parabolic rises in bull markets, say that we can see a significant rally for DOGE again, with the support of historical data. Closes above $0.1319 on the current chart DOGE It indicates that the price may target the $0.1527 barrier.
However, exceeding $ 0.18 will pave the way for the second upward wave up to $ 0.23. In the third stage, $0.5 and above will be targeted. In the possible reversal, $0.11 and $0.105 may be tested after $0.131. BTC performance will be impressive here.
General Situation of Cryptocurrencies
Demand in large-cap altcoins is strong. BTC It is above $68,000 again and the recent bottom is higher, fueling optimism about the overall market. Market volume in the last 24 hours is above $75 billion and BTCD remains below 60. BTC, which has increased by 10 percent this week, maintains its gains.
This week, ENA, MEW, MOG increased by over 30 percent. The losers of the week were HNT and MKR. These two altcoins, which experienced a double-digit decline, increased their losses in the last 24 hours.
Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that crypto currencies carry high volatility and therefore risk, and should carry out their transactions in line with their own research.
