Dogecoin Fails to Sustain Musk-Induced Surge – Is Elon Musk Dependency the Problem?
Dogecoin (DOGE) recently experienced a whirlwind ride, surging by over 10% on January 21st due to actions on social platform X. Unfortunately, that surge was short-lived. Since then, DOGE has retraced, plunging by 11%, effectively erasing all the gains it made during the Musk-induced rally. Amid the frenzy, large transactions involving more than 100,000 DOGE…