Bloomberg’s chief commodity strategist Mike McGlone has taken to Twitter to share his take on the fourth crypto asset with the biggest market capitalization – Dogecoin.
He wonders if Elon Musk’s favorite cryptocurrency DOGE has reached its peak. Sharing a chart that shows Bitcoin and Dogecoin, McGlone calls BTC a stablecoin and points out that DOGE is pumping against “real resistance”. Speculation at the moment is focused on Dogecoin, he says.
