Dogecoin To Hit 69 Cents By Inauguration Day? Polymarket Traders Are Not Convinced

Polymarket traders are split on Dogecoin‘s (CRYPTO: DOGE) trajectory as Inauguration Day approaches, with a 41% chance for DOGE to hit the 69 cents milestone by Jan. 20 next year.

This represents a slight dip in confidence from the 53% chance on Nov.23.

With over $40,000 in trading volume on the market, the debate reflects mixed sentiment on Dogecoin’s near-term prospects.

Dogecoin has surged 175% in the past month, with its market capitalization rising to $57.8 billion, overtaking luxury automaker Porsche’s valuation of $56.1 billion.

Over the past year, Dogecoin has outperformed the car maker, rising 395%, while Porsche’s market cap has dropped more than 34% due to weakening performance.

The rise has been fueled …

Full story available on Benzinga.com

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