DOGE, a leading meme coin in the digital currency space, has recently witnessed a significant surge in its value. This upward trend was short-lived, as Dogecoin price now exhibits a horizontal trading pattern. This behavior indicates a consolidation period, suggesting a pause after its rapid rise.
Over the past 24 hours, Dogecoin price has significantly decreased, down by 4.95% to $0.1870. This downturn comes amidst a broader slump in the market, as reflected by Dogecoin’s market capitalization, which also fell by 4.90% to $27.6 billion.
Dogecoin Price
The trading volume has surged by 28.13% to $1.79 billion, indicating a spike in trading activity. Despite the recent decline, Dogecoin remains a popular digital asset, occupying the 8th rank by market capitalization among cryptocurrencies.
Meanwhile, the 24 hour price movement chart shows a volatile market, with Dogecoin experiencing sharp swings, hitting a low of $0.1915, further indicating the unpredictable nature of the crypto m
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