Is Dogecoin’s latest 40% ‘hike’ the first sign towards recovery?

Quick Summary:

Dogecoin might or might not recover ahead of the FOMC meeting, but its recovery depends on a few things.

Besides, nearly 85% of top Binance traders were net long on the memecoin, further supplementing the massive expectations of a price recovery.

The overall weighted sentiment was also negative, underlining how cautious speculators have been ahead of the FOMC meeting on Friday, 31 January.

---

More Pictures

---

Read Quick SummarySave Time

or

Article Details

Author / Journalist: Benjamin Njiri

Category: Crypto

Markets: United States

Topics: Dogecoin Trading View Featured News 1 News Memecoins Ambcrypto Social

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-01-25 @ 23:00:59 (2 days ago)

News Timezone: GMT +8:00

News Source URL: ambcrypto.com

Language: English

Article Length: 446 words

Reading Time: 3 minutes read

Sentences: 28 lines

Sentence Length: 16 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © AMBCrypto

News ID: 25436796

View Article Analysis

About AMBCrypto

Main Topics: Crypto

Official Website: ambcrypto.com

Update Frequency: 25 posts per day

Year Established: 2018

Headquarters: United States

News Last Updated: 8 hours ago

Coverage Areas: United States

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #103

Publisher Details

Frequently Asked Questions