Dogecoin (DOGE) has surprisingly held above a crucial support level despite the recent crypto market downturn. In the past 24 hours, DOGE has seen a 9.26% growth, and its on-chain data shows increased interest. According to Binance data, the long/short ratio of DOGEUSDT stands at 4.22, indicating that traders are optimistic about the Dogecoin price. Long-term investors are also showing interest, with over $45 million worth of DOGE being withdrawn from exchanges, which could lead to increased buying pressure. The current support levels of Dogecoin have previously been a stepping stone for significant rallies, and some traders speculate that a similar movement could happen again. The Dogecoin price has risen 9.26% in the past 24 hours to $0.3497, with a trading volume increase of 68.30%. The total market cap of DOGE has also grown by 9.60% to $51.4 billion. With the current bullish momentum, Dogecoin could potentially see a 25% increase in price. The article also highlights three new meme coins, Wall Street Pepe (WEPE), Flockerz (FLOCK), and Mind of Pepe (MIND), which have the potential to ride the momentum of DOGE and see significant growth.
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