Dogecoin (CRYPTO: DOGE) traded 2.7% higher at $0.07 over 24 hours in the early hours of Thursday.
The meme coin was higher along with other major coins even as the global cryptocurrency market cap fell 4.3% to $865.7 billion at press time.
24-hour | 2.72% |
24-hour against Bitcoin | 0.9% |
24-hour against Ethereum | -1.3% |
7-day | 9.2% |
30-day | -13% |
YTD performance | -60.5% |
The DOGE Factors
- DOGE was among the most-discussed coins on Twitter (NYSE:TWTR) at press time, according to Cointrendz. The three most-discussed coins were Bitcoin, Ethereum, and Solana.
- Dogecoin’s 24-hour trading volume rose 2.86% to $401.1 million at press time, according to CoinMarketCap
- Coinglass data showed that $375,050 worth of DOGE were liquidated over 24 hours as the price of the meme coin rose
- DOGE’s relative strength index stood at 48.8 at press time, according to TradingView. An RSI of under 30 suggests an asset is oversold, and when the metric is above 70, the asset is overbought.
DOGE On The Web In the wake of cryptocurrency lending platform Voyager Digital LLC (OTC: VYGVF) declaring bankruptcy. DOGE-oriented Twitter handle Mishaboar warned Dogecoin holders that no market maker, exchange or brokerage service was “too big to fail.”
No market maker, exchange or brokerage service is too big to fail.News that Tesla Inc (NASDAQ: TSLA)-founder Elon Musk's Boring Co will accept DOGE was noted by DOGE-related handles on Twitter.— Mishaboar (@mishaboar) July 7, 2022
You might be able to pay for this ride with #Dogecoin in the near future! #doge pic.twitter.com/bT130XgmD2— Dogememegirl (@Dogememegirl) July 6, 2022
Elon Musk's #TheBoringCompany will let you pay in #Dogecoin at the Vegas Loop. Dogecoin & The Boring Company, both were invented as a joke. Fate Loves Irony! @elonmusk pic.twitter.com/6W2zXe39Z0Read Next: Sam Bankman-Fried Says FTX Has 'A Few Billion' To Support Failing Crypto Companies— DogeDesigner (@cb_doge) July 6, 2022
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