Dogecoin (CRYPTO: DOGE) traded 5% higher at $0.07 over 24 hours leading up to the early hours of Tuesday.
DOGE rose along with other major coins as the global cryptocurrency market cap increased 6.15% to $917.6 billion.
24-hour | 5% |
24-hour against Bitcoin | -1.4% |
24-hour against Ethereum | 5.1% |
7-day | -3.5% |
30-day | -14.6% |
YTD performance | -59.9% |
The DOGE Factors
- DOGE was not among the most mentioned coins on Twitter (NYSE:TWTR) at press time, according to Cointrendz.
- The 24-hour DOGE trading volume rose 22.8% to $362.4 million, according to data from CoinMarketCap,
- Coinglass figures indicate that nearly $1 million worth of DOGE were liquidated over 24 hours as the meme coin spiked.
- Dogecoin’s relative strength index stood at 49.68 at press time. An RSI of less than 30 implies that an asset is oversold while over 70 the asset is considered overbought.
Happy Fourth of July Dogecoin co-creator Billy Markus tweeted his greetings for the Fourth of July to his 1.6 million followers.
pic.twitter.com/zAbkKE4YstTesla Inc (NASDAQ: TSLA) CEO and DOGE-bull Elon Musk also greeted Twitter followers on the occasion of U.S. Independence Day.— Shibetoshi Nakamoto (@BillyM2k) July 4, 2022
Happy July 4th! pic.twitter.com/KYN2XO712ZDOGE On The Web Dogecoin Foundation Director Timothy Stebbing asked his followers on Twitter about project ideas connected to a DOGE hackathon. He asked what would be good projects in case the event was sponsored by a “big company” on a “no strings attached” basis.— Elon Musk (@elonmusk) July 4, 2022
If some big company wanted to sponsor a hackathon for dogecoin, no strings attached, what kind of things would be good projects to work on? What would encourage new devs to get their feet wet?At press time, the poll had only attracted 147 votes and “Ecosystem Ideas” had garnered 47.3% of the votes cast with 47 minutes left for the poll to close. “Silly/Fun stuff” was the runner-up at 34.8%, while “Bugs and core fixes” came in third at 14.7%.— Timothy Stebbing (@tjstebbing) July 4, 2022
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