Dogecoin (DOGE) Price Action at \'Make or Break\' Point, Will It Plunge or Skyrocket?

加密货币分析师 Jake Wujastyk 已加入 X 平台，分享他对狗狗币价格走势未来可能采取的 方向 的看法。

Cryptocurrency analyst Jake Wujastyk has shared his analysis on the possible price movements of Dogecoin (DOGE) on the X platform. Wujastyk shared a screenshot indicating that DOGE has reached a "make or break" point, where the meme coin's price could either plummet or skyrocket. #Dogecoin Make or break here. $DOGE pic.twitter.com/MAw1Ay7rK1 — Jake Wujastyk (@Wujastyk) March 10, 2023 The analysis comes as the original meme-inspired cryptocurrency has seen a significant price uptick. In the past 24 hours, DOGE has surged by over 8.3%, reaching the $0.12537 level, where it is currently trading. Moreover, large cryptocurrency movements have been observed, with anonymous whales shifting a total of $1 billion in Dogecoin. These massive transactions were valued at a minimum of $100,000, as per the report by on-chain data provider IntoTheBlock. This uprise suggests a strong increase in activity by financial institutions, as they are now buying and selling DOGE at a higher rate than before. Overall, the total transaction volume of Dogecoin has surged to 8.45 billion DOGE in the past 24 hours, indicating a 37% increase.

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