Dogecoin Overvalued by ETF Hype, But HODLers Show Strength
Despite a recent slide driven by bearish crypto market sentiment, Dogecoin (DOGE) is currently viewed as overvalued due to intense speculation surrounding the imminent launch of Grayscale’s Dogecoin ETF (GDOG). This hype could lead to significant transaction volume on Monday, potentially changing DOGE’s short-term trajectory. Key Takeaways from On-Chain Metrics NVT Ratio Spike: Dogecoin’s Network … Read more