Dogecoin Falls More Than 3% In 24 hours
Portfolio Pulse from Benzinga Insights
Dogecoin (CRYPTO: DOGE) has experienced a 3.02% decrease in price over the last 24 hours, marking a continuation of its 22.0% decline over the past week. The current price is $0.15, down from $0.19. This period has also seen a 17.0% decrease in trading volume and a 0.51% reduction in circulating supply, now at 143.88 billion. Dogecoin's market cap ranking is currently #9, valued at $21.66 billion.
April 17, 2024 | 7:00 pm
News sentiment analysis
Sort by:
Ascending
NEGATIVE IMPACT
Dogecoin has seen a significant price decrease of 3.02% in the last 24 hours, contributing to a 22% decline over the past week. The trading volume has also decreased by 17%, and the circulating supply has slightly reduced.
The significant decrease in Dogecoin's price over both the last 24 hours and the past week, coupled with a decrease in trading volume and circulating supply, suggests a bearish short-term outlook for DOGEUSD. The market cap ranking remaining high indicates its continued relevance in the crypto market, but the current trends are negative.
CONFIDENCE 90
IMPORTANCE 90
RELEVANCE 100