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DOGE Consolidation: Can Dogecoin Reclaim $0.10117 and Keep Momentum?

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Dogecoin's price has been consolidating just below the $0.10117 level after breaking out of a falling channel, according to Coin Gabbar analysis.

The current market valuation of DOGE is around $13.21 billion, with a circulating supply of 155.68 billion coins against an infinite max supply.

The recent rally was fueled by speculation surrounding Elon Musk's X Money platform, which may support Dogecoin transfers and deposits, but no official confirmation has been made.

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