Dogecoin Leaps 20% In 7 Days: What Is Going On?
Posted On January 6, 2025
Dogecoin (CRYPTO: DOGE) has climbed 20% over the past week, yet trader sentiment remains surprisingly pessimistic.
| Cryptocurrency | Price | Market Cap | 24-Hour Trend | 7-Day Trend |
| Dogecoin (CRYPTO: DOGE) | $0.3865 | $57 billion | +0.9% | +20.6% |
| Shiba Inu (CRYPTO: SHIB) | $0.00002406 | $14.2 billion | +1.4% | +11.4% |
| Pepe (CRYPTO: PEPE) | $0.00002069 | $8.7 billion | +0.04% | +11.7% |
Trader Notes: Crypto chart analyst Ali Martinez pointed out that Dogecoin’s weighted social sentiment is at -0.60, reflecting widespread doubt about its upside potential.
Martinez suggests this bearish sentiment might actually make it “a good time to be a contrarian.”
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