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Dogecoin (CCC:DOGE-USD) is continuing its summer rebound. The meme coin, which saw stunning price momentum in spring and devastating losses in May and June, is moving back up into the 30-cent valuation. Much of the resurgence is around a general bullishness on the crypto as a medium of transaction; however, today’s Dogecoin crypto news, centered around long-awaited upgrades to the Dogecoin network, are the culprit behind recent gains.
The Doge network saw a key upgrade on Friday. No, it’s not the huge restructuring that investors have been hoping for since early this summer. But, it’s the upgrade that primes the network for the full implementation of the teased restructuring. So, what about this recent 1.14.4 network upgrade is so important to the future of Dogecoin? Here’s what you need to know.
On the date of publication, Brenden Rearick did not have (either directly or indirectly) any positions in the securities mentioned in this article. The opinions expressed in this article are those of the writer, subject to the InvestorPlace.com Publishing Guidelines.
In : Technical Analysis
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