Dogecoin Rises More Than 3% In 24 hours
Portfolio Pulse from Benzinga Insights
Dogecoin's price has risen 3.35% to $0.06 in the past 24 hours, contrary to its negative trend over the past week where it experienced an 8.0% loss. The trading volume for the coin has tumbled 40.0% over the past week along with the circulating supply of the coin, which has fallen 0.03%. The current market cap ranking for DOGE is #9 at $8.98 billion.
August 23, 2023 | 7:00 pm
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Dogecoin's price has risen 3.35% in the past 24 hours, but has seen an 8.0% loss over the past week. Trading volume and circulating supply have both decreased.
The rise in Dogecoin's price in the past 24 hours is a positive sign, but the overall negative trend over the past week, along with the decrease in trading volume and circulating supply, could indicate uncertainty in the market. This could potentially lead to volatility in the short term.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100