Dogecoin Falls More Than 3% In 24 hours
Portfolio Pulse from Benzinga Insights
Dogecoin (DOGE) experienced a 3.59% decrease in price over the last 24 hours, now at $0.16, despite a 7.0% increase over the past week. Trading volume fell by 31.0%, and circulating supply decreased by 0.84% to 143.96 billion, with a current market cap of $22.42 billion, ranking it #9.
April 24, 2024 | 3:01 pm
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NEGATIVE IMPACT
Dogecoin's price fell by 3.59% to $0.16, with a 7% increase over the week. Trading volume and circulating supply decreased, maintaining a market cap of $22.42 billion.
The short-term price drop of 3.59% in Dogecoin, despite a weekly gain, indicates a negative impact on its price. The decrease in trading volume and circulating supply, alongside its stable market cap ranking, suggests a mixed market sentiment but leans towards a negative short-term outlook.
CONFIDENCE 90
IMPORTANCE 90
RELEVANCE 100