Dogecoin trades at around $0.0973 on Wednesday midday, just below the zone where the price has been cutting its teeth for days. That zone sits at $0.098, and it is not a line drawn on a chart but an accumulation of purchases: roughly 28 billion DOGE changed hands there in the past. Anyone who bought in that area and has been underwater since tends to sell as soon as they are back at breakeven. That is exactly what makes the level hard.
For you as an investor in Europe the question of whether $0.098 falls this week matters less. More important is how you are positioned when it falls or when it holds. The answer hangs on three things that have nothing to do with the chart: on your buying route, on the question of spot or leverage, and on the tax authority's one-year period. This article walks through the situation in order and names the figures it rests on.
Dogecoin sits just below the supply zone at $0.098 at the end of the month
Two data sources show a similar picture with slightly diverging values. CoinGecko reports $0.0973 on Wednesday midday, up roughly 1.4 percent within 24 hours, at a market capitalisation of a good $15.1 billion. Read Entire Article
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