Why Dogecoin Is Rising Today
Since yesterday afternoon, the price of Dogecoin (CRYPTO: DOGE) has traded nearly 4% higher, as of 11:04 a.m. ET today. There is no obvious reason for the move, although it can likely be attributed to broader tailwinds for the crypto sector.
As a meme token with very little real-world utility, there are rarely specific catalysts that move Dogecoin. However, the token is volatile and tends to join in broader crypto moves.
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Source Fool.com
