Dogecoin Decreases More Than 5% Within 24 hours
Portfolio Pulse from Benzinga Insights
Dogecoin's price has decreased by 5.32% in the last 24 hours, continuing a weekly decline of 3.0%. Trading volume has dropped by 18.0%, and the circulating supply has slightly decreased. Dogecoin's market cap is ranked #9 at $15.66 billion.
October 08, 2024 | 3:01 pm
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NEGATIVE IMPACT
Dogecoin's price has decreased by 5.32% in the last 24 hours, continuing a weekly decline of 3.0%. Trading volume has dropped by 18.0%, and the circulating supply has slightly decreased. Dogecoin's market cap is ranked #9 at $15.66 billion.
The decrease in Dogecoin's price and trading volume indicates a negative sentiment in the market, which is likely to continue affecting its price negatively in the short term. The decline in circulating supply is minor but contributes to the overall negative trend.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100