Dogecoin Decreases More Than 4% Within 24 hours
Portfolio Pulse from Benzinga Insights
Dogecoin's price has decreased by 4.54% in the past 24 hours to $0.14, continuing a week-long downward trend of -14.0%. Despite the price drop, trading volume has increased by 54.0% over the past week, while the circulating supply has slightly decreased. Dogecoin's market cap is currently ranked #9 at $20.09 billion.
June 11, 2024 | 3:03 pm
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Dogecoin's price has dropped by 4.54% in the past 24 hours to $0.14, continuing a week-long decline of -14.0%. Despite the price drop, trading volume has increased by 54.0% over the past week, while the circulating supply has slightly decreased. Dogecoin's market cap is currently ranked #9 at $20.09 billion.
The significant price drop of 4.54% in the past 24 hours and a week-long decline of -14.0% indicate a bearish trend for Dogecoin. The increased trading volume suggests heightened market activity, but the overall negative price movement is likely to impact the asset negatively in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100