Coin Market Reversal: 90 Million Traded in 48 Hours

DOGE Price Skyrockets as 90 Million Dogecoin Traded in 48 Hours

After a significant drop of over 20% in the previous days, Dogecoin rebounded from lows of $0.308 on Dec. 27 and rallied sharply, reaching intraday highs of $0.317 today. This sudden surge is attributed to an astonishing 90 million Dogecoins traded within a span of just 48 hours.

While it’s difficult to pinpoint the exact catalyst behind this rally, market observers believe that there may be some short-term buying interest amid a potential correction in the broader cryptocurrency market.

Source: u.today