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Influential Wall Street investor Jordi Visser viewed Dogecoin (CRYPTO: DOGE) as a key indicator of retail interest in cryptocurrency on Friday, encouraging traders to keep a close eye on it.
Is DOGE About To Breakout?
During an interview with entrepreneur and investor Anthony Pompliano, Visser said that DOGE doesn’t really hold any significance from an institutional point of view, and has nothing associated with what he does.
“The reason I started looking at it is technically it looks close to a breakout,” he said. “Dogecoin to me, if it can break out and actually run, that would mean that retail is starting to get interested.”
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