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“Short-Term Pain, Long-Term Gain’: Dogecoin Founder Reacts to Market Trend
In a recent post on X, the founder of popular meme coin DOGE made a humorous remark about the cyclical nature of the market. This came as a surprise given the sudden rally in prices following a brutal sell-off earlier this week.
As the cryptocurrency space continues to grapple with market volatility and uncertainty, it seems that DOGE has benefited from the broader trend. The token has seen a substantial increase of over 3.5% in the last 24 hours, despite concerns about reduced market activity as trading volume plummeted by 37.4%.
The founder’s comment highlighted the importance of viewing market fluctuations through a long-term lens. By acknowledging the inevitable ebb and flow, DOGE enthusiasts may be more prepared to weather any potential downturns.
For those invested in the token, this newfound positivity is certainly welcome news as they look to solidify their holdings.
Source: https://u.today/short-term-pain-long-term-gain-dogecoin-founder-reacts-to-market-trend
