As CoinDesk analyst Glenn Williams wrote, DOGE’s price fluctuations seem to stem from the power of Musk’s personality and a passionate dogecoin community than the macroeconomic indicators that have been influencing bitcoin, ether and other major cryptos for months. DOGE’s rise may correlate with excessive liquidations and a likely short squeeze, and the token may offer a shorting opportunity, Williams wrote.
Solv Protocol Targets Bitcoin for Establishments With $10M Increase
With the dominant cryptocurrency now enjoying the position of “digital gold,” Solv desires to assist institutional traders squeeze out as...