AI sets DOGE price for December 10, 2024

Dogecoin (DOGE), the OG meme cryptocurrency, was back in action after a minor setback. The asset has seen a 160% increase in the last 30 days. When Bitcoin (BTC) managed to rise above $100,000, the entire market experienced a rally. This also included Dogecoin. While the asset rose, the community expects it to reach 50 cents in the coming days.

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Dogecoin rises 10%

The Dogecoin market was in an uptrend today. The OG meme coin started its day at a price of $0.40 but managed to rise to $0.46. It looks like the asset could be on track to surpass its previous high of $0.47. At press time, DOGE was trading at $0.4476 after rising 8.55% in the last 24 hours.

It looks like this trend could continue. Elon Musk and Vivek Ramaswamy are expected to address US lawmakers in Washington, DC. Both are vocal supporters of the cryptocurrency industry. The upcoming event will focus on areas that impact taxpayers and government efficiency, which is why the event is well attended.

The Tesla CEO is known for his fondness for the Dogecoin market. His involvement in politics has increased recently. Musk’s focus is on advocating for more efficient governance and technological solutions.

Also read: Shiba Inu: AI sets SHIB price for December 10, 2024

50 cents until December 10th?

According to data from CoinCodex, Dogecoin is trading between $0.408199 and $0.441588 before the end of the year. It looks like the meme coin will witness a downtrend in the next few days.

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The price of the OG Meme coin is $0.4374 on December 10th. This shows a further slight decline from the current price level. While this may seem like a setback, the asset could rise following Musk’s upcoming speech.