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DOGS, a cryptocurrency, has seen a significant surge of 11.5% recently. To understand whether this momentum can be maintained, let's look at the broader context. The global pet industry has been growing steadily, driven by increasing pet ownership and humanization of pets. In fact, there are over a billion pets worldwide, with families in the U.S., Brazil, EU, and China accounting for over half a billion dogs and cats ¹. However, it's essential to note that the cryptocurrency market is highly volatile, and prices can fluctuate rapidly. The recent surge in DOGS might be attributed to various factors, such as changes in market sentiment, adoption rates, or global economic trends. To determine whether the bulls can maintain momentum, let's consider the following key points: - *Market Sentiment*: The overall market sentiment plays a crucial role in determining the direction of cryptocurrency prices. If the sentiment remains bullish, DOGS might continue to surge. - *Adoption Rates*: Increasing adoption rates can contribute to the growth of DOGS. As more people become aware of and invest in the cryptocurrency, its value might appreciate. - *Global Economic Trends*: Global economic trends, such as inflation rates, interest rates, and economic growth, can impact the cryptocurrency market. A favorable economic environment might support the growth of DOGS. In conclusion, while the recent surge in DOGS is promising, it's challenging to predict whether the bulls can maintain momentum. The cryptocurrency market is inherently volatile, and various factors can influence prices. Keep a close eye on market trends, adoption rates, and global economic indicators to make informed investment decisions.

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The NFT market has pulled back alongside deepening crypto weakness, with Bitcoin falling to $83,000 and Ethereum dropping to $1,900. The overall crypto market cap has shrunk further to $2.73 trillion from last week’s $2.83 trillion. Non-fungible token sales volume has decreased to $109.2 million, according to CryptoSlam data. That’s a 7.84% decline from the previous week. However, market participation metrics tell a very different story, with buyer and seller numbers surging dramatically. The weekly data reveals these contrasting trends: Courtyard maintained its lead with $12.2 million in sales, up 3.63%. However, its transaction count fell 33.56% to 93,805. DMarket held second place with $9.8 million, down 2.40% and keeping high volume with 316,386 transactions. BRC-20 NFTs dropped to third with $5.6 million, falling 23.41%. Quantum Cats, a new Bitcoin collection, surged to fourth place with $3.9 million, up 349.19%. CryptoPunks fell to fifth with $3.1 million, dropping 55.55%. Paradise slid to sixth with $2.7 million, down 72.58%. Guild of Guardians Heroes took seventh with $2.2 million, falling 32.65%, while Pudgy Penguins occupied eighth with $2.1 million, down 11.44%. The week’s top sales included: