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Dogcoin is one of the worst performing assets in 2023, as its prices have hardly surged in the past five months. After Elon Musk changed Twitter's iconic bird logo to DOGE, the leading meme currency hit $0

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The period of unusually calm trading conditions in the dogcoin market may be coming to an end.This is a widely regarded technical indicator, Brin Bandwidth, which has just dropped to its lowest level of 0

New data from the market intelligence platform IntoTheBlock shows that the daily trading volume of Dogcoin (DOGE) surged in May.According to this encryption analysis company, the daily trading volume of popular meme assets with dog themes surged by an astonishing 8220% last month, reaching a peak of over 2 million, setting a new historical high

Cover News Reporter Shen MengyunOn April 18th, "Gougou Coin has increased by over 400 times in a year" hit the hot search.As a convenient and fun cryptocurrency in the early online community, "Dog Coin" became completely popular

According to reports, Elon Musk stated on Wednesday that the cost of Dogcoin needs to be reduced in order for this cryptocurrency to be more widely used in retail shopping. Previously, AMC Entertainment Holdings intended to accept cryptocurrency, allowing users to purchase tickets and licensed products online

On Thursday, a Dogecoin investor sued Tesla and SpaceX CEO Musk,Request compensation of $258 billion from him, accusing him of implementing a "pyramid scheme" to manipulate the price of cryptocurrency.The prosecutor, named Keith Johnson, accused Musk and his Tesla and SpaceX companies of extortion in his lawsuit filed in the Federal Court of Manhattan, New York

On October 29th, cryptocurrencies generally rose, with dog coins rising by over 25% to $0.107 per coin; Ethereum rose by over 7% to $1645

(Observer Network) According to Reuters local time on June 16th, Elon Musk, the world's richest man, and his subsidiaries Tesla and SpaceX were sued by a dog coin investor on the same day. The other party accuses Musk of deliberately implementing a "cryptocurrency pyramid scheme (pyramid scheme)" on Twitter, directly "manipulating" the price of dog coins, and demands compensation of $258 billion (approximately RMB 1

DOGE, born on December 8, 2013, is a virtual currency based on the Scrypt algorithm. The traffic has shown explosive development, but within two weeks, Dogcoin has launched specialized blogs and forums

Disclaimer: This article aims to convey more market information and does not constitute any investment advice. The article only represents the author's viewpoint and does not represent the official stance of Mars Finance

The lower time frame structure of DOGE is bearish on the chart.The support area of $0