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Following the highly publicized acquisition of Twitter by Tesla CEO Elon Musk, his beloved cryptocurrency Dogecoin (DOGE) has regained investor interest.
On Nov. 2, more than 340,000 addresses “purchased almost 64 billion DOGE at an average price of $0.092, providing stable and solid support for DOGE,” noted crypto trading expert Ali Martinez.
DOGE address balances.
More specifically, the data shows that 340,500 addresses purchased 63.72 billion DOGE at a low price of $0.069076 and a high price of $0.126317. In other words, these crypto wallets bought Dogecoin for an average of $5.86 billion.
Currently, DOGE is trading at $0.1299 with a daily gain of 0.6% and a weekly gain of 78.7%. The monthly dynamics shows a plus of 119.67%, and so far this is the highest figure among all cryptocurrencies.
7-day DOGE chart
Meanwhile, the CoinMarketCap crypto community remains negative about the future price of the meme token, predicting it will trade at an average price of $0.08452 by the end of November and $0.07847 by the end of December 2022.
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