Major meme coin Dogecoin (DOGE) witnesses epic bullish activity on world's largest exchange
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On top of that, the funding rate is also positive, as shown in the CoinGlass data. When funding rates are positive, it's a sign that traders are happy to pay to maintain their long positions because they think the price will rise. All this points to DOGE being set for more growth.But this optimism is a bit at odds with what has been happening in the market recently. On the day the analysis was done, Dogecoin's price dropped by almost 1%. But the bigger picture is more complex.
Gamza graduated with a degree in finance and credit with a specialization in securities and financial derivatives. He then also completed a master's program in banking and asset management. He wants to have a hand in covering economic and fintech topics, as well as educate more people about cryptocurrencies and blockchain.Community-Governed Meme Coin Flockerz Raises $9.5M in Presale Ahead of Exchange Launch
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