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DOGE’s >7 billion market cap may be obstructing a bullish comeback as per…

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ambcrypto.com

Financial guru and wealth management expert, Michael Gayed, was of the opinion that Dogecoin’s [DOGE] current market is an obstacle to reviving the bull market.

According to him, a $7 billion market cap for the meme cryptocurrency should not be existing in a bear market condition.<p lang=«en» dir=«ltr» xml:lang=«en»>The current market cap for Dogecoin is still over $7 billion.This shit ain't over.— Michael A.

Gayed, CFA (@leadlagreport) September 22, 2022At press time, DOGE’s market cap was edging closer to $8 billion. Referring to Gayed’s opinion, this current state could mean it might take longer for bulls to be back in control.

For DOGE, Gayed’s belief could just be that of a naysayer especially as it recently surpassed Polkadot [DOT] in market value.

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