Posted 1/29/2024, 8:21:25 AM
Avalanche Gains Momentum and Flips Dogecoin's Market Cap as DOGE Struggles to Keep Up
- Dogecoin is currently 10th in market cap valuation at $11.32B, trailing Avalanche by $1.62B for the 9th spot
- Technical indicators are bearish for Dogecoin short-term but more optimistic long-term, while bullish across all timeframes for Avalanche
- Avalanche seeing increased buying activity and momentum while Dogecoin is more neutral and paused
- For Dogecoin to flip Avalanche's market cap, its price needs to rise 16.15% above current levels
- Avalanche appears strong with signs of growth, while Dogecoin struggles short-term but still shows long-term potential