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.Read more on ambcrypto.com