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(Kitco News) - Several popular meme coins began to show signs of life this past weekend as the cryptocurrency ecosystem begins to grow increasingly optimistic that the end of crypto winter is in sight.
Dogecoin (DOGE), the first meme coin, delighted crypto fans with a 22% rally from a low of $0.696 on Friday to an intraday high of $0.848 on Sunday before pulling back to its current value of $0.078.
DOGE/USD 4-hour chart. Source: TradingView
This marks the highest price reached by DOGE since the crypto market collapsed in early June and is a promising sign for crypto proponents who have experienced significant losses thus far in 2022.
Dogecoin was one of the early movers in the bull run of 2021 and helped lead the charge up the charts for the crypto market as popular influencers like Elon Musk and Mark...
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