Crypto Blog
Despite the renewed hype surrounding meme coins, the OG Dogecoin’s price action has remained relatively dull. But whales appear to be bullish on the asset’s price trajectory as they continue to rake in tokens.
Dogecoin has been consolidating within a tight range during this period. After briefly touching highs of $0.174 on May 26, the meme coin declined and has been trading near the $0.16 level. But not everyone is a fan of the meme coin. At the Consensus 2024 conference, Ripple CEO Brad Garlinghouse voiced strongGarlinghouse stressed that cryptocurrencies should strive to address real-world problems, which he believes Dogecoin fails to achieve.
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