Dogecoin (CRYPTO: DOGE) traded 1.3% lower at $0.14 over 24-hours leading up to early Friday morning.
DOGE fell alongside other major coins as the global cryptocurrency market cap declined 1.4% to $1.9 trillion at press time.
24-hour | -1.3% |
24-hour against Bitcoin | 0.45% |
24-hour against Ethereum | 0.5% |
7-day | -5.2% |
30-day | 13.1% |
YTD performance | -20.3% |
The Doge Factors
- DOGE was among the most-mentioned coins on Twitter (NYSE:TWTR). It attracted 614 tweets, according to Cointrendz data. The three most-mentioned coins were XRP, Bitcoin, and Ethereum.
- DOGE 24-hour trading volume declined 16.6% to $716.2 million, according to data from CoinMarketCap.
- Data from Coinglass indicated that $3.69 million worth of DOGE futures were liquidated in the preceding 24 hours as the meme cryptocurrency declined.
Dogecoin Is Light On Thursday, Tesla Inc (NASDAQ: TSLA) CEO Elon Musk sighed heavily in reaction to a scammer that commented on one of his posts. The cryptocurrency scammer had advocated Dogecoin as a solution to Twitter Inc’s (NYSE: TWTR) spam problems while carrying out a giveaway scam.
Crypto Holders Shifting From Bitcoin To Dogecoin Currency.com CEO Steve Gregory said the company has noted a gradual shift from its users holding Bitcoin to meme coins such as Dogecoin.
DOGE On The Web DOGE co-creator Billy Markus reacted to a tweet from Musk on Thursday. The entrepreneur said, “If our twitter bid succeeds, we will defeat the spam bots or die trying!”
i think i have around 3,000 actual human followersMarkus said he had only about 3000 actual human followers in response to Musk. Markus has a Twitter following of 1.3 million.— Shibetoshi Nakamoto (@BillyM2k) April 21, 2022
Markus said in a separate tweet that his account was now the 6969-th largest account on the Jack Dorsey-founded social media platform.
thank you to my 1.3 million followersDogecoin-oriented Youtuber Matt Wallace said that “Authentication based on Dogecoin transactions would be cool.”i am now the #6969-th largest account on twitter
— Shibetoshi Nakamoto (@BillyM2k) April 21, 2022
Authentication based on Dogecoin transactions would be coolRead Next: Bitcoin HODLers Clenching Their Moneybags Even As Stocks Plunge Is Remarkable, Says Analyst— Matt Wallace (@MattWallace888) April 21, 2022
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