Doge rises +15% – Memecoins like TAMA to follow the price pump

Today was a good day for memecoin fans, as the father of all memecoins, Dogecoin, has returned to the top 10 largest cryptos by market capitalization. But why is Dogecoin going up? Does this mean that other memecoins like Tamadoge are the new batch of hope for memecoins?

Why is Dogecoin going up?

Despite the recent rally in a bear market, investors should be aware that cryptocurrencies have those moments, where they close daily candles with a positive uptrend, only to crash moments later. Since its last ATH in May 2021, and after the recent crypto crash, this is the only significant positive daily candle Dogecoin has hit. Below are some possible reasons why Dogecoin is rising.

Buy Dogecoin now

Crypto-assets are a highly volatile unregulated investment product. Your capital is in danger.

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