Michael Gayed Slams Dogecoin As Worthless Asset

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Michael Gayed says the financial markets meltdown is far from over as long as Dogecoin, which he sees as an example of a worthless asset.

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Dogecoin's current market capitalization is $7.86 billion.

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DOGE’s thirty-day Market Value to Realized Value (MVRV) was -5.378%.

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This means that MVRV will get worse if a "real" bear market materializes.

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According to the DogeCoin explorer, DogeChain, 4,400,927 blocks have now been mined. This was done at a network difficulty of 8.604.272.

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Additionally, the chart suggests that DOGE's market cap may not fall any time soon.

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DOGE's current momentum is positive based on the Moving Average Convergence Divergence (MACD).

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