Dogecoin Breaks Out as Price Surges 12% While On-Chain Signals Turn Mixed

Dogecoin experiences a remarkable breakout as its price skyrockets by an impressive 12%, capturing the attention of investors and traders alike. Meanwhile, the on-chain signals that typically indicate market trends and investor behavior are showing a mixed bag of results, creating an intriguing dynamic in the cryptocurrency space. This juxtaposition of a sharp price increase alongside uncertain on-chain indicators suggests that while there is significant enthusiasm surrounding Dogecoin, there may be underlying factors influencing market sentiment that warrant further analysis. source: https://blocknews.com/dogecoin-breaks-out-as-price-surges-12-while-on-chain-signals-turn-mixed/