Dogecoin has been lately missing out the recent bull run action. While coins such as Bitcoin, Ethereum, Litecoin, EOS, Tron, etc have shown good gains in the past week (an average of +8%), Dogecoin gains have been pretty low.
But all that changed yesterday. Other cryptocurrencies showed a FUD after Bitcoin failed to touch $9K and immediately crashed to $8, but Dogecoin, on the other hand, showed gains of 4.20%. The cryptocurrency touched $0.003400 and has a positive trend line.
Many investors and traders believe that Dogecoin’s rally has started and we could see Dogecoin touching $0.00400 soon.
Founder of the blockchain identity platform Civic and a General partner at Multicoin Capital, Vinny Lingham, said in a tweet that Bitcoin (BTC) will touch $12K this bull run.
He also adds that there is heavy resistance at $12K and if $12K is rejected (likely) then there would be a heavy consolidation around $10K.
Vinny Lingham’s predictions haven’t exactly been on point before. He previously predicted that Bitcoin (BTC) would crash to $1600 but as the markets have shown the Bitcoin bottom was around $3,500.
Discuss this news on our Telegram Community. Subscribe to us on Google news and do follow us on Twitter @Blockmanity
Did you like the news you just read? Please leave a feedback to help us serve you better
Disclaimer: Blockmanity is a news portal and does not provide any financial advice. Blockmanity's role is to inform the cryptocurrency and blockchain community about what's going on in this space. Please do your own due diligence before making any investment. Blockmanity won't be responsible for any loss of funds.
In the rapidly evolving landscape of web-native payments it has become clear that new infrastructures…
A New Era for Global Trade: Alibaba Taps JPMorgan's Blockchain Global commerce has long been…
The Promise of Web3 Meets a Centralized Reality Web3 was built on a revolutionary promise:…
Bitcoin's Sudden Plunge Shakes the Crypto Market The cryptocurrency market is awash in red after…
Macro guru and Real Vision CEO Raoul Pal shone the spotlight on a rising layer-1…
As the technology landscape transforms at lightning speed, AI Companions has positioned itself as a…