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Billy Marcus, co-founder of Dogecoin, dismissed the market crash as a major problem, citing the change in investor behavior as a result of the change in investor behavior during the DOGE price hike.
In a scathing statement about the cryptocurrency market’s decline, Marcus pointed to the precious metal as a buy-in that could hedge against major economic events.
The issue is framed as a weakening of the risk mentality, as money is diverted from highly speculative assets such as cryptocurrencies to traditional safe havens where investors prioritize saving money.
Gold and silver have seen a meteoric rise in the past few weeks, while the engine of the cryptocurrency market, Bitcoin, has not maintained its weight as digital gold.
Gold and silver prices soared to new highs this month, as the engine of the cryptocurrency market, Bitcoin, struggled to establish itself as digital gold, and failed to absorb the level of risk.
As the January bulls matured, weather uncertainty became a major factor in the market. Tensions between the United States and NATO, as well as increased unrest in the United States, have changed the ways of business.
Dogecoin Price Prediction: Is the Bull Over?
Dogecoin seems to be on the bottom, but it’s not over yet, because it’s testing the bottom of a falling year that could damage the decline if it continues to consolidate.
Mainly it is a basic strategy to start with, with a second jump making a double bottom around $0.115. Momentum indicators help with momentum changes.
The RSI continues to form a bullish divergence from the price level, with a series of lows forming an uptrend approaching the 50 neutral line.
The momentum is building downwards, and the gold MACD crossing above the indicator line indicates that in the near future it may act as a bullish price for Dogecoin.
A double bottom pattern looks for a large wedge area around $0.27. If this rate turns into a supporter, it will confirm the possibility of an explosion of 550% after $0.80.
Maxi Dog: A game to restore hope
While safe stocks can be the best option in the long run, when the bull market hits, there is one option that has a proven track record of being very profitable: mem dogg signals.
The example is clear. Dogecoin was launched first, then Shiba Inu in 2021, then Floki, Punk, Dojoyvat, and Nero. Ultimately, every bull cycle culminates in a new coin inspired by Dogecoin.
This time, you benefit Maxi Doge ($MAXI) From the early days of Dogecoin to a community built around sharing early betas, business ideas, and competition.
Participation is very important. The Maxi Ripped and Maxi Pump Weekend competition rewards top finishers with leaderboard recognition, incentives, and bragging rights.
The hype is already starting to show in the numbers. It has been collected The initial $MAXI sale is approximately $4.5 million, with early backers receiving rebates Annual savings of up to 69% with savings rewards.
For those who have missed Doge waves in the past, Maxi Doge could be your next chance to cash in on the meme before it hits the mainstream.
Visit the official Maxi Doge website here
A note Dogecoin Price Prediction: DOGE Founder Reveals The Real Reason For The Cryptocurrency Market Crash – It’s Not What You’d Expect appeared for the first time Cryptonews Arabic.
