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Dogecoin’s Supply Dynamics Shifts – Here Are The Key Levels To Watch Out For

Bearish pressure has halted Dogecoin’s renewed upward momentum after the market gained traction a few days ago, bringing its price just below the $0.20 level. While DOGE struggles with the pullback, many participants are still holding on to the meme coin, reflecting robust confidence in its potential.

Dogecoin is having trouble regaining its upward momentum, and crucial metrics are showing critical levels that could dictate its next course of action. World-leading on-chain data and financial platform Glassnode has outlined a notable trend in Dogecoin’s supply metrics as the meme coin faces bearish pressure.

Dogecoin’s Supply Dynamics Shifts – Here Are The Key Levels To Watch Out For

Bearish pressure has halted Dogecoin’s renewed upward momentum after the market gained traction a few days ago, bringing its price just below the $0.20 level. While DOGE struggles with the pullback, many participants are still holding on to the meme coin, reflecting robust confidence in its potential.

Dogecoin is having trouble regaining its upward momentum, and crucial metrics are showing critical levels that could dictate its next course of action. World-leading on-chain data and financial platform Glassnode has outlined a notable trend in Dogecoin’s supply metrics as the meme coin faces bearish pressure.

https://bitcoinist.com/dogecoin-supply-dynamics-shifts/