Dogecoin Rises More Than 3% In 24 hours
Portfolio Pulse from Benzinga Insights
Dogecoin (CRYPTO: DOGE) has seen a 3.37% increase in price over the last 24 hours, reaching $0.09, despite a 0.0% loss over the past week. The coin's all-time high is $0.73. Trading volume has decreased by 25.0% over the past week, and the circulating supply has slightly decreased by 0.1% to 142.31 billion. Dogecoin's market cap is currently ranked #11 at $13.23 billion.
December 20, 2023 | 7:01 pm
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Dogecoin has experienced a 3.37% increase in price over the last 24 hours, reaching $0.09, despite a stagnant week. The trading volume has decreased by 25%, and the circulating supply has slightly decreased.
The short-term price increase of 3.37% indicates a positive momentum for Dogecoin, which could attract more investors and potentially lead to a further increase in price in the short term. However, the decrease in trading volume suggests a lower market activity that could dampen the impact of the price rise. The slight decrease in circulating supply could be seen as a positive for price if demand remains constant or increases.
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