Analyzing the current market trend for Avorak AI, Dogecoin, and Shiba Inu.
28 Apr 2023, 08:00
Analyzing the current market trend for Avorak AI, Dogecoin, and Shiba Inu
Staying current with the latest trends and developments is essential as the cryptocurrency market evolves. Avorak AI, Dogecoin, and Shiba Inu have emerged as popular cryptocurrencies. So, what are the current market trends for these cryptocurrencies, and what does their future look like?
Dogecoin price
The Dogecoin (DOGE) price has been highly volatile. Despite this, Dogecoin has recovered significantly from its low point in 2022. However, DOGE is still trading below its all-time high and is far from achieving a decisive bullish reversal on longer timeframes. DOGE recently saw a surge after Elon Musk briefly replaced Twitter’s iconic bluebird logo with the Dogecoin official mascot. However, Musk has not added a DOGE payment option on Twitter, and some investors have gone to court because of Musk’s personal endorsement of the coin. The recent price movements suggest that speculation is still driving the value of Dogecoin, and hence caution should be taken when infusing in Dogecoin (DOGE).