• Dogecoin is experiencing a surge in price, currently trading above $0.09 and aiming for the pivotal level of $0.1.
• The rally could be attributed to Twitter’s recent collaboration with eToro, enabling users to access cryptocurrencies such as DOGE.
• Elon Musk’s strong support and advocacy of Dogecoin may also be driving the cryptocurrency further into mainstream adoption.
Dogecoin Rallying Upward
Dogecoin (DOGE) is leading today’s crypto rally, with its price taking a straight upward trajectory and topping $0.09 – eyeing the pivotal level of $0.1. Throughout the past 24 hours alone, DOGE has surged over 8%, showing no signs of slowing down anytime soon.
Potential Catalysts Behind The Move
There have been a few potential catalysts behind this move, one being Twitter’s partnership with popular retail-oriented fintech company eToro; enabling users to access stocks, cryptocurrencies, and other financial assets. Additionally, Elon Musk’s strong support and advocacy of Dogecoin may be driving the digital currency further into mainstream adoption.
Crypto Market Heatmap
The entire cryptocurrency market is going through a rally at present time; most altcoins performing relatively well while Ethereum (ETH) and Dogecoin lead ahead in terms of gains:
Dogecoin Eyes Pivotal Level Of $0.1
As DOGE continues to surge up towards its all-time high value of around $0.4; it now eyes a new milestone by pushing towards its pivotal level of $0.1 – which could potentially spark an even bigger rally if achieved successfully in the near future..
In conclusion, Dogecoin’s recent surge might be attributed to both Twitter’s collaboration with eToro as well as Elon Musk’s strong support for the cryptocurrency; driving it further towards mainstream adoption and setting it up for more gains in the near future as it eyes its vital milestone of $0.1