Dogecoin Up More Than 13% In 24 hours
Portfolio Pulse from Benzinga Insights
Dogecoin (CRYPTO: DOGE) has seen a significant increase of 13.06% in the past 24 hours, reaching a price of $0.09. Over the last week, DOGE has gained 2.0%, rising from $0.08. The coin's all-time high is $0.73. Trading volume has increased by 37.0% over the past week, while the circulating supply slightly decreased by 0.08%, now standing at 142.61 billion. Dogecoin's market cap is currently ranked #11, valued at $12.47 billion.
January 11, 2024 | 3:02 pm
News sentiment analysis
Sort by:
Ascending
POSITIVE IMPACT
Dogecoin's price surge of over 13% in the last 24 hours and a 2% increase over the past week, coupled with a rise in trading volume and a stable market cap ranking, indicates a strong short-term bullish sentiment among investors.
The sharp increase in Dogecoin's price and trading volume suggests a growing investor interest, which could lead to further short-term gains. The slight decrease in circulating supply may also contribute to upward price pressure. However, the cryptocurrency market's inherent volatility warrants caution.
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 100