DOGE News: Dogecoin Stages Powerful Comeback, Eyes $0.18 as Key Battleground

Dogecoin, the meme-inspired cryptocurrency, is making waves in the crypto market once again. After facing periods of uncertainty and downward pressure, Doge has managed to reclaim a crucial price level, setting the stage for a potential strong rally. Here’s what you need to know.

Dogecoin Proves It’s Not Dead – $0.18 Retest Could Be The Beginning

Dogecoin is staging a powerful comeback, reinforcing its resilience in the volatile crypto market. After enduring periods of uncertainty and downward pressure, Doge has managed to reclaim the crucial $0.18 level. This price point is now a key battleground between bulls and bears, and holding above it could fuel a strong rally. With increasing trading volume and renewed interest from investors, technical indicators suggest momentum is shifting in favor of the bulls, but resistance levels ahead could still pose a challenge.

Dogecoin Pumping After Elon Musk Tweet

Dogecoin (DOGE) experienced another rally after Elon Musk made two subtle references to the coin on Twitter yesterday. The tweets from Musk, who replied with a cool emoji to a photoshopped image calling him ’The Dogefather,’ were enough to send Dogecoin prices surging. While Dogecoin bulls are targeting the $1 mark, some traders are speculating if Solaxy (SOLX), a new Solana-based Layer-2, might reach that target first after its presale concludes.

Elon Musk’s U.S. DOGE Adviser Linked to Cybercrime Gang

Coristine, 19, a prominent member of the recently formed DOGE team, has been linked to a cybercrime gang that stalked an FBI agent. Coristine was given access to official networks with the intention of downsizing the U.S. government. Musk recently praised Coristine on his social media platform. Coristine’s company, DiamondCDN, provided support to the cybercriminal ring EGodly, which operated a website called dataleak.fun. Reuters analyzed internet protocols to uncover this information.