Categories: Finance

Technical Perspective of Dogecoin – Recently Reaching Record High

(STL.News) Recently, Elon Musk tweeted about the cryptocurrency, Dogecoin.  The price has skyrocketed to records highs. Additionally, other famous people have also tweeted and comment about Dogecoin.  It is currently priced at approximately .08 per coin compared to Bitcoin at around $46,600 per coin.

Today, Tesla announced that they had invested more than $1 billion in cryptocurrency, which has helped ordinary investors view cryptocurrency as an asset class.

We have included a YouTube video of an average trader that explains the technical perspective of Dogecoin and the risks.

Wikipedia page – Dogecoin

Marty Smith

Marty Smith is the acting Editor in Chief as well as the founder of STL.News, DirectSourceNews.org, and St. Louis Restaurant Review. Additionally, Smith is the IT Manager responsible for STL.News and affiliate sites. Smith has created multiple aggregator sites to manage the large amount of content used to select which content to published on STL.News. As Editor in Chief, Smith is responsible for the content posted on the network with the help of the publishing team, which is located around the globe.

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