Event:
The world-famous memecoin $DOGE has received a very large funding of $6.9 million led by Polychain Capital. Against the background of such news, $DOGE began to grow only today.
How is the event able to affect $DOGE?
Having read through this event carefully, we are able to determine that it will influence the price of $DOGE in a positive manner only. We would like to mention also that for $DOGE it doesn't matter much, because their memecoin is millions of dollars worth, just laid down by the common people.
Differences from $DOGE:
Not so long ago, $DOGE has experienced temporary loss of the project by Elon Musk because he was busy, but even despite this background, the memecoin fell slightly and kept increasing, why? Yes, all is extremely simple - the team of $DOGE are high-quality professionals who are able to adequately promote the token so that it will be able to provide opportunities in the future. We would also like to mention that in the current situation when the token $DOGE is incorporated in everyday life virtually, there can be a payment made by using it in specific shops and places.
Futures of $DOGE:
It would be foolish to think that $DOGE won't have any future life, given that it is among the largest memecoins in the world. Our belief is that the future of $DOGE is great, that its capitalization will grow, and that the team will continue to improve the memecoin and release meaningful statements that will only bring more growth.
Conclusion:
$DOGE is definitely a promising memecoin, which clearly has a place in your portfolio. Its potential is not fully understood, but we know for sure that the development of $DOGE will be even more large-scale in the near future. We continue to monitor the developments around $DOGE.
This article is not financial advice!
