DOGE Climbs 11%, Is a Correction Imminent?

DOGE Climbs 11%, Is a Correction Imminent?
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DOGE is holding around the $0.18 range after an 11% gain. 
The meme coin’s daily trading volume has surged by over 96%.

The sturdy bear hold has ended up with a 6.72% surge in market cap, reaching $2.95 trillion. Notably, the meme coin market cap has reached $58 billion, after a 16.3% jump. Among the meme coins, Dogecoin (DOGE) has posted a gain of over 11.69%.
DOGE kickstarted the day trading at a low of $0.1633, and with the bulls in command, it eventually pushed the price up to a high of $0.1849. At the time of writing, DOGE traded within the $0.1829, with the market cap reaching $27.25 billion. 
Consequently, the daily trading volume of the meme coin has touched $1.95 billion. According to CoinGlass data, the market has witnessed a liquidation of $12.86 million worth of DOGE. 
Dogecoin has gained over 18.97% in the last seven days. The asset opened the week trading at $0.1517. The bulls initiated the upside correction and reached the current trading level. 
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