Dogecoin Rises More Than 3% In 24 hours
The value of Dogecoin experiences a positive surge of over 3% in a span of 24 hours, as reported by Reuters.
In the last day, the price of Dogecoin (CRYPTO: DOGE) has increased by 3.87% and is currently valued at $0.07. This goes against the downward trend seen in the previous week, where the coin had a 3.0% decrease from $0.07 to its present price. The highest price ever reached by the coin is $0.73.
The graph provided demonstrates the variation in price and volatility of Dogecoin within the last 24 hours (left) in comparison to its price fluctuation over the previous week (right). The Bollinger Bands, depicted in gray, indicate the level of volatility for both daily and weekly price movements. When the bands are wider or the gray area is larger, it signifies greater volatility.
Over the last week, the trading volume of Dogecoin has risen by 30.0%, closely following the trends of the total number of coins in circulation, which has grown by 0.05%. This effectively brings the current circulating supply to 139.98 billion. Based on our data, DOGE is currently ranked #9 in terms of market capitalization, with a value of $9.18 billion.
Leveraging the capabilities of the CoinGecko API
This blog post was produced by Benzinga's automated content generator and revised by an editor.
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