So let’s keep an eye on Elon Musk and Dogecoin’s latest news, endorsements, remarks, and tweets, both the explicit and implicit ones that could fuel another DOGE price surge.
However, caution is advised due to overbought signals that may slow down its upward momentum.
With Musk’s influence continuing to play a crucial role in the meme coin’s price movements, Dogecoin remains a top contender in the cryptocurrency market.
A recent DOGE price surge was caused by Elon Musk’s latest comments about D.O.G.E., his new government agency, which aligns with Dogecoin’s ticker. This, combined with bullish technical patterns, has driven this DOGE price rally.