Dogecoin Decreases More Than 7% Within 24 hours
Portfolio Pulse from Benzinga Insights
Dogecoin (DOGE) has experienced a 7.15% price drop in the past 24 hours, continuing a week-long negative trend with a 4.0% loss. Trading volume has decreased by 30.0%, and the circulating supply has slightly fallen. DOGE's market cap is currently ranked #9 at $17.07 billion.
August 01, 2024 | 3:01 pm
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NEGATIVE IMPACT
Dogecoin (DOGE) has seen a significant price drop of 7.15% in the past 24 hours, continuing a week-long decline of 4.0%. Trading volume has also decreased by 30.0%, indicating reduced investor interest.
The significant price drop and reduced trading volume suggest a bearish sentiment among investors. The continued decline over the past week further supports a negative short-term outlook for DOGE.
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IMPORTANCE 80
RELEVANCE 100