The price of Dogecoin (DOGE) has been yipping higher across cryptocurrency exchanges, nibbling at an intraday high of $0.07657 for an increase of 11% over the previous day and a 23% spike over the previous week. This unexpectedly favorable price movement underscores the fact that DOGE appears to be fully untouched by complicated legal proceedings and ambiguity surrounding the potential $44 billion acquisition of Twitter by Elon Musk earlier this year. Dogecoin Surges The top meme tokens registered the majority of the gains as the whole cryptocurrency market saw green readings. Dogecoin (DOGE) was among the top gainers. The majority of altcoins saw significant increases in their market capitalisation in July, according to Santiment. It stated that there has been a significant increase in whale trades valued at $100K. The tracker stated that one of the tokens seeing these huge network transactions is DOGE. 🐳 With many #altcoins enjoying a solid rebound to their market caps in July, we can see the amount of $100k+ valued whale transactions are beginning to rise. $DOGE, $MATIC, & $UNI are noticeably seeing rises in these large transactions on their networks. https://t.co/XYEQPr6mWG pic.twitter.com/JR97zQuqXa — Santiment (@santimentfeed) July 19, 2022 Over the course of the previous day, more than 80K Dogecoin transactions were registered, according to MyDoge wallet. The DOGE founder had already noted a significant increase in...
