Dogecoin Ignites — 60% Volume Boom Teases Potential Rally
Dogecoin saw a sharp jump in trading activity on Tuesday, but prices did not follow immediately. Volume over the last 24 hours rose by 60%, pushing total traded value above $2 billion, according to CoinMarketCap. Related Reading: $10K Is Coming: Arthur Hayes’ Zcash ‘Vibe Check’ Sparks 30% Moonshot Yet the token traded near $0.21 at the time of the report, down about 0.18% in the day and down 12% so far this month. Trading Volume Surges According to CoinMarketCap data, the sudden spike in volume shows many more hands moving DOGE than usual. Reports have disclosed that this wave of trades....
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Dogecoin reached another record high on Wednesday for apparently no reason but an ongoing boom across the cryptocurrency market ahead of Coinbase’s direct listing on the Nasdaq Stock Market later in the day. The Dogecoin Rally Brief The DOGE/USD exchange rate climbed to as high as $0.146 ahead of the London opening bell after breaking […]
Dogecoin is up 50% in the past 24 hours, making it the best-performing crypto asset of the top 100 by market capitalization. DOGE is seeing strong volume figures on this rally: per CoinGecko, there has been over $700 million worth of the cryptocurrency traded over the past day. Dogecoin’s rally has shocked many investors. Just […]
Dogecoin (DOGE) is down 20% in the past 24 hours after a 100% rally on Friday. The “meme” cryptocurrency still has a market capitalization in excess of $1 billion and has registered $2 billion in trading volume in the past day. Dogecoin began to rally a few weeks ago after Elon Musk, CEO of Tesla […]
Dogecoin (DOGE) whales are gearing up for a bullish reversal for the foremost meme coin. On-chain data shows that these whales have regained their confidence in Dogecoin and are accumulating more DOGE ahead of a potential rally for the meme coin. Related Reading: 6,400 Ethereum Mystery Move Sparks ETH Rally Talk Pre-ETF Nod Dogecoin Whale Accumulation Spikes By 868% Data from the on-chain analytics platform IntoTheBlock shows that Dogecoin whales bought 364.38 million DOGE on July 10, representing an 868% surge from the previous day when these large holders offloaded 37.05 million DOGE.....
Dogecoin, the largest meme coin is demonstrating potential for a notable price spike in the short term. With key indicators and past price trends pointing to an upside momentum, DOGE could be poised for a much larger bull run than the recent rally to the $0.47 level. A Potential End To Dogecoin’s Recent Correction Over […]