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Since the start of June, the mean coin age of Dogecoin has increased by more than 5% – from 54,317 to 57,219, indicating growing bullishness among long-term DOGE holders. This is important as experts highlight that more than 70% of the DOGE total supply is held by long-term investors. DOGE is currently warming up for a big price move. Related Posts A decent profit will mean different things to different people. A good benchmark for deciding when to sell Dogecoin is if you've doubled, tripled, or quadrupled your initial investment. Given Dogecoin's volatility, if you've already made a sizable profit, cashing out around 50% of your holdings could make sense.
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© 2023 Green Flag Award Conclusion To maintain the functionality of the ecosystem, more Dogecoin can easily be acquired. Dogecoin usage is predicted to expand by more than 5% annually, which will increase the currency’s value.
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