Warren Buffett's Investing Partner's Shocking Final Move

Before he passed away, Charlie Munger, Warren Buffett's investing partner of 60 years, was rumored to have quietly made one final investment... Up until now, it has remained hidden from the public. It's potentially the smartest, most profitable, and most under-valued AI investment you can make today.

Dogecoin Leaps 20% In 7 Days: What Is Going On?

Khyathi Dalal
January 06, 2025

Dogecoin (CRYPTO: DOGE) has climbed 20% over the past week, yet trader sentiment remains surprisingly pessimistic.

CryptocurrencyPrice   Market Cap24-Hour Trend7-Day Trend
Dogecoin (CRYPTO: DOGE) $0.3865$57 billion+0.9% +20.6% 
Shiba Inu (CRYPTO: SHIB) $0.00002406  $14.2 billion+1.4% +11.4% 
Pepe (CRYPTO: PEPE) $0.00002069$8.7 billion+0.04% +11.7% 

Trader Notes: Crypto chart analyst Ali Martinez pointed out that Dogecoin's weighted social sentiment is at -0.60, reflecting widespread doubt about its upside potential.

Martinez suggests this bearish sentiment might actually make it "a good time to be a contrarian."

Trader Tardigrade noted that DOGE has dropped 45% from its recent peak, replicating a pattern from previous market cycles.

This, they argue, sets the stage for a strong rally with the potential to hit new all-time highs.

Statistics: Coinglass data shows a surge of 33.8% in open interest to $4.01 billion, while liquidations over the past 24 hours totaled $8.5 million, split evenly between long and short positions.

Community News: Speculation about an X Payments launch has added fuel to Dogecoin’s momentum.

MacRumors contributor Aaron noted in a Jan. 3 post that X could debut its payment system in the U.S., even without approvals from all 50 states.

Adding intrigue, a leak cited by Forbes hinted at Musk's "game-changing plan" for Bitcoin and crypto, sparking excitement over whether Dogecoin could play a pivotal role in X Payments.

Musk has previously teased Dogecoin’s potential in the platform, suggesting it might help reduce transaction costs and speed.

Read Next: 

  • Dogecoin, Shiba Inu Redefine Meme Coin Phenomenon That ‘Extends Beyond Mere Speculation’: Report

Image: Shutterstock

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