a Dogecoin price reversal appeared to be on the horizon. So far, that seems to hold true, as the Dogecoin price has recovered a bit of lost value over the past 24 hours. Although the gain is relatively small, it is rather impressive when considering how the Bitcoin price, as well as Ethereum’s value, are both suffering from declines as of right now.
To put this in perspective, the Dogecoin price has gained 3.19% in the past 24 hours. This helps push the value back to $0.006361, and its market cap is on the way to hit $740m again. If this trend keeps up, it is not unlikely Dogecoin’s market cap will rise to $75m and potentially higher in the coming days. That can only happen if Bitcoin’s value doesn’t recover, though, as that appears to hinder DOGE’s price growth.