
Dogecoin Price Affected by Bitcoin's Downturn
Bitcoin experienced an incredible bullish outbreak over the last few days. However, despite BTC/USD's incredible gains over the last few days the dogecoin price didn't experience gains to this extent, despite a small increase in the volume. The increase in the trading volume wasn't really significant, though. It was indeed higher from the time that the entire market was stagnant and BTC/USD reached the low of $215. However, today's trading volume of ~$140k isn't something new to dogecoin. While all the bullish activity in the bitcoin market did have a mild effect on the dogecoin price, it....
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Dogecoin (DOGE), the notoriously popular meme-inspired cryptocurrency, is facing a turbulent period that has left investors and enthusiasts pondering its fate. The central query echoing through the crypto community is a haunting one: Is Dogecoin destined for obscurity? The decline in Dogecoin’s value can be attributed to a confluence of factors, with the broader cryptocurrency market’s downturn chief among them. This overall slump has eroded confidence in the crypto sphere, and Dogecoin hasn’t been spared from the pessimism. Over the past year, Dogecoin’s....
Crypto analyst TradingShot has identified a pattern on DOGE’s chart that shows why a bounce above $0.3 is expected for the Dogecoin price. This provides some optimism regarding the foremost meme coin, which was one of the most affected by the recent downtrend in the crypto market. ‘Channel Down’ Formation Shows Why The Dogecoin Price […]
Last Sunday, May 4th, Josh Wise came in 20th at the Aaron's 499 race in Talladega. Wise drove the Dogecar, which was sponsored by the NASCAR and Dogecoin reddit communities. The race spanned over 3 hours, 17 minutes, and 16 seconds, with Denny Hamlin taking the trophy. Wise narrowly avoided multiple crashes. Josh's best position was in 4th place with just 25 laps to go. The Dogecoin price does not seem to be affected at all by the race as some thought; it's gone up and down as usual, with no sudden spikes. [dropcap size="small"]Josh thinks he could have done better. As he told me in an....
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Popular meme-based cryptocurrency Dogecoin (DOGE) has just seen a dramatic downturn that makes investors wonder about its future course. Driven by market volatility of Bitcoin (BTC), DOGE’s value dropped by around 20% over the past week. DOGE currently trades at $0.2551; its market value is $38.09 billion and its trading volume is $3.42 billion. Related Reading: Shiba Inu Set For A 10-Fold Explosion? Analysts Predict 6,000% Surge Whale Accumulation Signals Investor Trust On-chain data shows that despite the current downturn, big investors—often referred to as....