Dogecoin (CRYPTO: DOGE) traded 5.4% lower at $0.08 over 24 hours leading up to early Thursday.
24-hour | -5.4% |
24-hour against Bitcoin | -0.02% |
24-hour against Ethereum | -5.5% |
7-day | 0.6% |
30-day | -38.1% |
YTD performance | -53.1% |
The DOGE Factors
- DOGE was not among the most mentioned coins on Twitter (NYSE:TWTR) at press time, according to Cointrendz.
- Dogecoin’s 24-hour trading volume rose 23.1% to $794.98 million, according to CoinMarketCap data.
- Coinglass figures show that $2.4 million worth of DOGE were liquidated over 24 hours as the price of the meme coin declined.
- DOGE’s relative strength index stood at 38.19 at press time. RSI below 30 indicates oversold conditions, while RSI over 70 indicates overbought conditions.
DOGE Co-creator On Blockchains Billy Markus, the co-creator of DOGE, on Thursday said blockchains that are not decentralized don’t “have any reason or need to exist.”
a blockchain that is not decentralized does not have any reason or need to exist— Shibetoshi Nakamoto (@BillyM2k) June 2, 2022
DOGE On The Web DOGE-oriented Twitter handle Mishaboar noted that Binance has finally provided a link to Dogecoin wallet containing proof of assets for their BSC-DOGE token.
Indeed, @Binance finally added a link to a #Dogecoin wallet containing Proof of Assets for for their BSC-Doge.Thanks, first of all, to the #Dogecoin community. And thank you @cz_binance for finally acting.
A few early notes about this.https://t.co/stK5JJjRut
— Mishaboar (@mishaboar) June 1, 2022
it does!amusing how cz was spreading fud about it being centralized to one wallet when Binance has the second largest one https://t.co/VBzLpdn5dy
— Shibetoshi Nakamoto (@BillyM2k) June 1, 2022
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