welcome
CoinGape

CoinGape

Business

Business & Economics

Did Elon Musk Kill Dogecoin's Popularity? Will DOGE Price Recover as Investors Flee?

CoinGape
Summary
Nutrition label

61% Informative

Elon Musk may have killed Dogecoin 's popularity after the hype around the DOGE department drew attention away from the meme coin itself.

While search volumes for DogeE remain somewhat elevated, the price has been on a steep downtrend.

However, a bullish divergence on the 1-day chart and an oversold RSI suggest the price may recover.

The number of daily active addresses further highlights the lack of investor interest in DogeCoin .

How High Can Pi Network ( PI ) Price Go? - Is Shiba Inu Price Heading for a New Low This Week ? - Bitcoin Price Plunges to 120-Day Lows: Can Michael Saylor ’s $ 2B Move Rescue US Markets ? - XRP Burn Rate Plunges 62% Amid Trump Tariffs on Canada and Mexico : Bullish or Bearish?.

VR Score

38

Informative language

22

Neutral language

53

Article tone

formal

Language

English

Language complexity

37

Offensive language

not offensive

Hate speech

not hateful

Attention-grabbing headline

not detected

Known propaganda techniques

not detected

Time-value

short-lived

Affiliate links

no affiliate links