Dogecoin Rebounds as Investors Anticipate Positive News from Canada
Dogecoin (DOGE), along with most of the cryptocurrency market, has recorded a decent rebound following the debilitating crash recorded over the past few days. At press time, DOGE trades at the $0.2130 level and is up by about 14%.
This rebound comes after dropping by over 40% over the past 48hours, recording a two-month low at $0.1632 yesterday.
One of Dogecoin’s most prominent promoters, Elon Musk, took to Twitter yesterday to try and cushion the fall in his beloved meme coin with some tweets. Musk responded to a tweet concurring that the testnet of the fee reduction code would mark a significant upgrade in the blockchain network.
However, Musk’s tweet came under immediate fire from members of the DOGE community, who criticized the billionaire for igniting the rot the…
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