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Here's Why Dogecoin Barked 13% Higher Today


Dogecoin (CRYPTO: DOGE) is among the key meme coins investors continue to view as key to the sentiment discussion in the cryptocurrency sector. With the fear and greed index recently hitting a low I haven't seen in some time (it's near rock-bottom at 11/100 at the time of writing), today's move in this meme coin is even more impressive.

As of 3:30 p.m. ET, Dogecoin has surged 13% over the past 24 hours to move back above the $0.10 level. Let's dive into what's driving this upside and whether the investment thesis remains intact for bulls betting on continued upside over the long term.

Source: Getty Images.

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Source Fool.com

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