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The cryptocurrency market has gone parabolic within the last couple of hours, and it has everything to do with the US presidential elections.
Dogecoin is no exception. The DOGE price increased by more than 22% in just a few hours, soaring above the pivotal $0.20 level.As a matter of fact, the price almost touched $0.22 a few minutes ago, but it has retraced a bit since then.Dogecoin has been a stellar performer throughout the entire last week and has managed to replace XRP as the 7th-largest cryptocurrency by total market capitalization.
Musk even referred to that in his latest appearance on Joe Rogan’s podcast the other day, causing yet another pump in DOGE’s price.What Is The Open Network : All You Need to Know in 2024Sign-up FREE to receive our extended weekly market update and coin analysis report Disclaimer: Information found on CryptoPotato is those of writers quoted. It does not represent the opinions of CryptoPotato on whether to buy, sell, or hold any investments. You are advised to conduct your own research before making any investment decisions. Use provided information at your own risk.
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