🐂 Not all bull runs are created equal. November’s AI picks include 5 stocks up +20% eachUnlock Stocks

DOGE May Receive a Price Pump Tomorrow, Shares Trader

Published 19/04/2023, 08:32
DOGE May Receive a Price Pump Tomorrow, Shares Trader

  • The crypto Kaleo stated in a tweet yesterday that DOGE may receive a meme pump tomorrow.
  • Tomorrow will be 4/20, which is a day that has historically seen DOGE’s price pump.
  • DOGE’s price is trading at $0.09299 at press time after a 0.03% 24-hour gain.

The popular crypto trader Kaleo (@CryptoKaleo) shared in a tweet yesterday that there may be a chance that Dogecoin (DOGE) will receive a price pump tomorrow. In the tweet, Kaleo shared that there’s a chance that the coin’s price will receive a meme pump tomorrow given that tomorrow will be 20 April, also referred to as 4/20 by the DOGE community.

DOGE’s price has historically received a pump on the 20th of April in previous years. Many in the crypto space believe that the DogeFather himself, Elon Musk, has been behind these price pumps and performed these pumps on 4/20 as a satiric reference to one of his appearances on The Joe Rogan Experience.

In his one appearance on the podcast, Musk had caused an investor frenzy after he was seen smoking weed on the popular show. This, together with Musk’s influential role within the DOGE community, is why Kaleo and many others in the crypto community believe that DOGE’s price will receive a pump tomorrow.

At press time, the price of DOGE stands at $0.09299 according to CoinMarketCap. The crypto market tracking website also shows that the popular meme coin posted a 24-hour gain of around 0.03%. This 24-hour gain has added to the altcoin’s positive weekly performance, which currently stands at +13.59% as a result.

DOGE was also able to print a 1.30% gain on Ethereum (ETH) over the last 24 hours. However, it was unable to do the same with the market leader Bitcoin (BTC), and is currently down 1.25% against BTC. DOGE’s price is also trading near its 24-hour low of $0.09195, with its daily high standing at $0.09449 at press time.

Disclaimer: The views and opinions, as well as all the information shared in this price analysis, are published in good faith. Readers must do their own research and due diligence. Any action taken by the reader is strictly at their own risk. Coin Edition and its affiliates will not be held liable for any direct or indirect damage or loss.

The post DOGE May Receive a Price Pump Tomorrow, Shares Trader appeared first on Coin Edition.

Read more on Coin Edition

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers
© 2007-2024 - Fusion Media Limited. All Rights Reserved.