Dogecoin Falls More Than 3% In 24 hours
Portfolio Pulse from Benzinga Insights
Dogecoin's price has fallen 3.07% in the past 24 hours to $0.16, continuing a negative trend with a 4.0% loss over the past week. Trading volume has decreased by 68.0%, and the circulating supply has decreased by 0.28%. Dogecoin's market cap is currently ranked #9 at $22.85 billion.
May 31, 2024 | 7:02 pm
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Dogecoin's price has fallen 3.07% in the past 24 hours to $0.16, continuing a negative trend with a 4.0% loss over the past week. Trading volume has decreased by 68.0%, and the circulating supply has decreased by 0.28%.
The continued decline in Dogecoin's price, along with a significant drop in trading volume, suggests a bearish sentiment among investors. The decrease in circulating supply is relatively minor but does not offset the negative price movement.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100