Dogecoin (DOGE) Predicted To Rally 400% To $1.11: Here's When
Dogecoin (DOGE) has faced a substantial price correction over the last few days. The asset has dipped 6.1% in the daily charts, 12.4% in the weekly charts, 8.1% in the 14-day charts, and 34% over the previous month. Despite the massive dip, DOGE’s price has risen by 170.9% since February 2024. Also Read: Cryptocurrency: 3 Memecoins Predicted To Hit Peaks In March Source: CoinGecko Bybit Hack Pulling The Market Down? Source: Mynewsdesk.com The latest market dip is likely due to the Bybit hack. The exchange was robbed of $1.4 billion worth of Ethereum-related coins. Dogecoin (DOGE) and other assets faced a correction due to the significant dip in investor sentiment. Also Read: Nvidia Stock: ‘Golden Opportunity’ for Top Investors Ahead of NVDA Earnings Report DOGE’s price was falling even before the Bybit hack. Macroeconomic factors have played a hand in the crypto market’s lackluster performance. The Fed has paused interest rates but is yet to announce a rate cut this ye...