Dogecoin Strengthens Ahead of Autumn Amidst Musk-Boosted Interest

Dogecoin has entered a strong buying zone ahead of autumn, according to recent data.

A brief post by Elon Musk brought Dogecoin back into the spotlight. Data from September shows that $DOGE ($0.10 · Live) rose by 14% during that month.

Santiment's 365-day MVRV ratio is currently at -19.26%, indicating a strong buying zone.

The transfer of 250 million DOGE to Binance has raised questions about potential liquidity adjustments, which could have an impact on the market.