Dogecoin Falls More Than 3% In 24 hours
Portfolio Pulse from Benzinga Insights
Dogecoin's price has fallen 3.04% in the past 24 hours to $0.10, despite a 7.0% gain over the past week. Trading volume has decreased by 41.0% over the past week, while the circulating supply has increased by 0.35%. Dogecoin's market cap is currently ranked #10 at $14.95 billion.
August 14, 2024 | 7:00 pm
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Dogecoin's price has fallen 3.04% in the past 24 hours to $0.10, despite a 7.0% gain over the past week. Trading volume has decreased by 41.0% over the past week, while the circulating supply has increased by 0.35%. Dogecoin's market cap is currently ranked #10 at $14.95 billion.
The 3.04% drop in Dogecoin's price over the past 24 hours, combined with a significant 41.0% decrease in trading volume, suggests a short-term bearish trend. The increase in circulating supply further supports this negative outlook.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100