Dogecoin Decreases More Than 6% Within 24 hours
Portfolio Pulse from Benzinga Insights
Dogecoin (CRYPTO: DOGE) has seen a decrease of 6.63% in the last 24 hours, bringing its price down to $0.19. Despite this recent drop, Dogecoin has experienced a 2.0% increase over the past week. The trading volume for Dogecoin has decreased by 54.0%, and its circulating supply has slightly decreased by 0.15%, resulting in a current market cap ranking of #9 at $27.12 billion.
April 09, 2024 | 3:01 pm
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Dogecoin has experienced a 6.63% decrease in the last 24 hours, with a slight overall increase of 2.0% over the past week. The trading volume has significantly decreased by 54%, and the circulating supply has also seen a minor decrease.
The significant 24-hour price drop of Dogecoin, coupled with a decrease in trading volume and circulating supply, suggests a short-term negative impact on its price. The recent decrease in price and trading volume indicates a potential decrease in investor interest or market activity for Dogecoin, which could lead to further short-term price declines.
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 100