Dogecoin (DOGE) is the world’s largest memecoin. However, over the past year, investors believe Dogecoin’s lost its momentum. Trading volume declined, its price crashed and social media activity is down. To make matters worse, Dogecoin advocate Elon Musk announced his interests have moved to AI.
Nonetheless, some experts believe that Dogecoin is making a comeback. In the last 24 hours the project has experienced a surge in trading volume, making Dogecoin the most widely traded memecoin. But how does it compare to Tradecurve?
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Can Dogecoin Hit $1?
Dogecoin has faced several setbacks in 2023. Its value has continuously declined, taking the project to lows of $0.06 in 2023. At the same time, Dogecoin activity throughout social media crashed. While new memecoins sparked interest in the market, Dogecoin failed to capitalize. This had many investors questioning the projects future.
Furthermore, Dogecoin has also fallen behind in terms of development. With rivals such as Shiba Inu building their ecosystems, investors believe that Dogecoin is at risk of losing its position as the top memecoin.
However, a recent rally has reignited the Dogecoin flame. In the last 24 hours Dogecoin has increased in value by 8.68% and is now trading at $0.07092.
Dogecoin still has no development plans in place and its social media activity continues to decline. As a result, some believe that this Dogecoin rally is temporary. Given its lack of utility, its possible that Dogecoin could lose its title as the number one memecoin by the end of the year unless new developments are made.
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How Does Tradecurve Compare With Dogecoin?
Tradecurve’s native token will play an extremely important role throughout this ecosystem. TCRV holders will have the chance to vote on future policies, earn a passive income through staking and upgrade their accounts to VIP status.
Furthermore, holders will also earn subscription discounts on any subscription they make. This will help investors optimize their returns.
To find more information about Tradecurve and the TCRV token, visit the links below: