Dogecoin Defies Bears—Memecoin Grit or Market Delusion?
Dogecoin’s price refuses to crater despite relentless selling pressure—proof that meme magic still warps crypto logic. Retail traders cling to the Shiba Inu-themed asset like a security blanket, while institutional players scoff at its ’fundamentals.’
Key Takeaways:
- DOGE holds key support level despite 20% broader market bleed
- Trading volume spikes suggest either accumulation or last-gasp speculation
- Whales quietly reposition while Twitter hype machines churn
Another day in crypto’s theater of the absurd, where a joke currency outlives serious projects through sheer collective willpower. The ultimate test of ’greater fool theory’ plays out in real time—with Elon Musk’s tweets still functioning as macroeconomic indicators.