Dogecoin Rally Fizzes Out: Could chatter about sponsoring an F1 team bring the coin back into the limelight? – Dogecoin – US Dollar ($DOGE)

Dogecoin (CRYPTO:DOGE) was trading down 0.4% at $0.135 in the 24 hours to Friday morning.

Dogecoin Price Performance
Time range % change (+/-)
24 hours 0.4%
24 hours against Bitcoin -2.1%
24 hours against Ethereum -2.8%
7 days 17.4%
30 days 4.4%

Cumulative performance since the beginning of the year


See also: How to Buy Dogecoin (DOGE)

Why is it moving? DOGE fell even though other major coins were trading in the green at press time, with the global cryptocurrency market cap rising 2.3% to $2 trillion.

DOGE was not among the most mentioned coins on Twitter at press time, according to data from Cointrendz.

Cryptocurrencies were buoyant earlier Thursday after a Russian official said Bitcoin was being explored as an alternative payment method for the country’s energy exports.

The rally that started after an ATM operator in the United States said it would add DOGE to the list of supported coins seems to be fading.

Friday, Mishaboar, a DOGE-oriented Twitter account, tweeted about a DOGE-powered store that was developed using an open-source script. Mishaboar praised the developer and said, “He’s the thing [Doge] should be done.

Dogecoin Chat: Thursday, DOGE co-creator Billy Marcus asked his followers if they knew how much it would cost Dogecoin to sponsor the Haas F1 Team, an American Formula 1 racing team created by Haas Automation Founder Gene Haas.

Markus felt it would be fun because they are a huge F1 ‘outsider’ and have recently lost a big sponsor and are extremely ‘memorable’.

Read more : Elon Musk and Jack Dorsey say this needs to change about Twitter’s algorithm

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