Does the DOGE Rally Mean Alt Szn?

Published on: October 31st, 2022

After weeks of moving within a narrow range, crypto assets are showing signs of life. Over the past seven days, ETH is up 14% while DOGE is up 102%. Other meme tokens have also outperformed with ELON rallying 59% and FLOKI gaining 42%. Seemingly, the rationale behind this price action in meme tokens has been attributed to Elon Musk’s acquisition of Twitter.

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