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Dogecoin Holds Strong at 16¢ as Musk’s X Payments Rumors Fuel Bullish Frenzy

Dogecoin Holds Strong at 16¢ as Musk’s X Payments Rumors Fuel Bullish Frenzy

Author:
Coindesk
Published:
2025-06-26 06:42:10
18
1

Dogecoin Bulls Defend 16 Cent Support as Elon Musk’s X Payments Speculations Loom

Dogecoin's meme magic refuses to die—traders are doubling down at the 16-cent support level like Wall Street degenerates at a roulette table. Here's why the bulls won't back down.

X Marks the Payment Spot

Elon Musk's cryptic X platform teases could send DOGE parabolic if payments get integrated. No official confirmation, but since when did crypto need facts? The market's already pricing in hopium at a 300% premium.

Technical Tightrope

The 16-cent floor has become Dogecoin's Alamo—three rejections this week alone. Whales keep stacking while retail traders pray this isn't another 'buy the rumor, sell the news' setup. (Spoiler: It probably is.)

Just remember: In crypto, 'fundamentals' is what we call the excuse we make after the price action happens.

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