Dogecoin Is Seen Strong amid Tariff Escalation
Dogecoin (DOGE) is trading neutral at $0.1642 this week, slightly underperforming the broader crypto market, where Bitcoin (BTC) is up 1.8% to $83,668. The market has shown resilience against the wave of reciprocal tariffs initiated by U.S. President Donald Trump, with DOGE declining only 4.3% and BTC dropping 3.1% in response to the news.
Elon Musk, often seen as an unofficial ambassador for Dogecoin, recently dismissed any plans to integrate DOGE, which disappointed some investors. However, large holders have continued accumulating the meme cryptocurrency throughout March. From a technical standpoint, if DOGE manages to break through the $0.2000 resistance, a further rally toward $0.3000 could become the baseline scenario.
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