Dogecoin has made the most of its bullish momentum that was inspired by Elon Musk’s highly publicized $44 billion purchase of Twitter.
Not only did that development pump DOGE price in such a way that its total market capitalization surpassed Cardano’s, allowing it to take the 8th spot in Coingecko’s crypto tracking list.
It also stirred great interest for the crypto asset as evidenced by 340,500 addresses purchasing a total of 63.72 billion DOGE tokens worth $5.86 billion.
The collective and massive buy was made with a minimum price of $0.069076 and a maximum price of $0.126317, as revealed by digital asset analytics platform IntoTheBlock.
Moreover, this buyer activity has given Dogecoin a strong support zone which it might visit soon as the altcoin seems to be losing steam, being on a decline over the last few days.
DOGE: Not Totally A Walk In The Park
According to tracking from Coingecko, DOGE…
