Dogecoin Falls More Than 7% In 24 hours
Portfolio Pulse from Benzinga Insights
Dogecoin (DOGE) has fallen by 7.02% in the past 24 hours to $0.13, continuing a week-long decline of 9%. Trading volume has decreased by 41% over the past week, and the circulating supply has slightly decreased by 0.11%. Dogecoin's market cap is currently ranked #10 at $19.20 billion.
June 14, 2024 | 7:00 pm
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NEGATIVE IMPACT
Dogecoin (DOGE) has experienced a significant price drop of 7.02% in the past 24 hours, continuing a week-long decline of 9%. Trading volume has also decreased by 41% over the past week.
The significant price drop and decreased trading volume indicate a bearish trend for Dogecoin in the short term. Investors may react negatively to the continued decline and reduced market activity.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100