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November 26, 2024

Dogecoin Plummets 12% in 24 Hours: Are Traders Still Hopeful?

Dogecoin faced a notable decline of 11.5% over the last 24 hours. Despite the drop, trader sentiment remains cautiously optimistic about its long-term future. As the leading meme coin, Dogecoin has seen its share of ups and downs. Recently, Elon Musk humorously tweeted that “DOGE is inevitable,” providing some light-hearted support amidst the market correction. While short-term fluctuations can be alarming, many traders believe in the resilience of Dogecoin and its potential for recovery. They remain committed to holding their investments, waiting for favorable trends to emerge again.

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