Dogecoin Decreases More Than 4% Within 24 hours
Portfolio Pulse from Benzinga Insights
Dogecoin's price has decreased by 4.8% in the last 24 hours to $0.12, despite a 12% gain over the past week. Trading volume increased by 50% over the week, with a circulating supply of 146.13 billion. Dogecoin's market cap is ranked #9 at $17.44 billion.
September 30, 2024 | 3:00 pm
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Dogecoin's price has decreased by 4.8% in the last 24 hours to $0.12, despite a 12% gain over the past week. Trading volume increased by 50% over the week, with a circulating supply of 146.13 billion. Dogecoin's market cap is ranked #9 at $17.44 billion.
The 4.8% drop in Dogecoin's price over the last 24 hours suggests a negative short-term impact. Despite a positive weekly trend, the recent decline and increased volatility indicate potential short-term bearish sentiment. The significant increase in trading volume could also suggest heightened market activity, possibly leading to further price fluctuations.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100