Although it seemed as if Dogecoin would not benefit too much from this recent bullish trend in the crypto industry, it seems that assumption is no longer correct. Similar to some other markets, the Dogecoin price has turned incredibly bullish in rather quick succession. Sustaining this level of growth is always difficult, but Dogecoin wouldn’t be Dogecoin without some surprising momentum.
Dogecoin Price Goes off the Rails
As was somewhat to be expected when it comes to the alternative markets, sustaining any real gains is not all that easy when Bitcoin rises in value. Most markets tend to lose BTC value, which can easily negate some of the USD-based gains in the process. As far as Dogecoin is concerned, it would appear things are not looking all that bad after all. It has taken a while for this momentum to materialize, but things are looking up for the meme currency of the internet.
Over the past 24 hours, the Dogecoin price has risen by 30.8% in USD value and 26% in TBC value. Following these surprisingly big gains, one…