It has started to gain new users

[badsha0002]

Has experienced noticeable increases in market value, especially with the support of famous names such as Elon Musk, leading to the emergence of various scenarios regarding the future potential of this digital asset. DOGE coin 's blockchain technology is based on Litecoin's (LTC) codebase, which offers advantages such as increased transaction speeds and low transaction fees for DOGE coin . DOGE coin 's unlimited supply raises some questions about the long-term value storage potential of this cryptocurrency.

the project-based technical improvements and partnerships,but it has been affected by the general cryptocurrency market fluctuations and various social media content. In particular, Elon Musk's purchase of Twitter (X) and speculations telegram data about the possibility of integrating DOGE into the platform caused short-term increases in the DOGE price . However, the impact of such news was generally short-lived and the DOGE price continued to be affected by general fluctuations in the market.

DOGE showed a horizontal movement throughout 2023 without major increases or decreases. In 2024, DOGE, which drew an upward chart , achieved major increases especially in November during the US elections.

DOGE 's community-focused nature makes this cryptocurrency highly sensitive to social media trends and celebrity statements. This can lead to sudden and unexpected changes in DOGE 's price. DOGE continued to attract investors' attention in the 2023-2024 period.