Dogecoin Decreases More Than 9% Within 24 hours
Portfolio Pulse from Benzinga Insights
Dogecoin (DOGE) has experienced a significant price drop of 9.19% in the past 24 hours, continuing a week-long decline of 26%. Despite the price drop, trading volume has surged by 280% over the past week, and the circulating supply has increased slightly. Dogecoin's market cap is currently ranked #9 at $13.63 billion.
August 05, 2024 | 7:02 pm
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Dogecoin (DOGE) has seen a sharp decline of 9.19% in the past 24 hours, continuing a 26% drop over the past week. Despite the price drop, trading volume has increased by 280%, indicating heightened trading activity.
The significant price drop of Dogecoin, coupled with increased trading volume, suggests a bearish sentiment in the market. The continued decline over the past week indicates sustained selling pressure.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100