One Backer Thinks Dogecoin Will Rise Higher

Dogecoin ( $0.094 ) backers vary from pessimistic to extremely optimistic as the token stagnates around 17 cents after a precipitous fall from an all-time high of 74 cents in May. Currently, Dogecoin ( $0.094 ) is trading marginally lower even though the global market cap for cryptocurrencies is ticking up slightly. Dogecoin ( $0.094 ) bull David Gokhshtein of Gokhshtein Media said on Twitter ($TWTR@US) that Dogecoin ( $0.094 ) should come back like NFT, noting that he’s “still in” on the token. Plus, a poster listed on Reddit calculated that Walmart ($WMT@US) could save over almost $22 million per day in transaction costs by transacting in Dogecoin ( $0.094 ) . At press time, Dogecoin ( $0.094 ) dropped nearly a percent to 16.96 cents, falling away from its 24-hour high on decreasing volume.

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