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Dogecoin (DOGE) Forms Very Rare Death Cross Versus Bitcoin
As the cryptocurrency market continues to navigate uncertain waters, observers are cautiously optimistic about Dogecoin’s prospects. According to CoinMarketCap data, the meme coin has stabilized at $0.1690, a 0.87% increase in the last 24 hours.
Despite this minor uptick, trading volume has plummeted by 24.87%, dipping to an unflattering $648.6 million. This downturn in trading activity likely contributed to DOGE’s sluggish rebound and its inability to surpass Cardano’s market capitalization ranking.
While it is possible that the worst might be over for DOGE, a more pressing issue has emerged regarding the meme coin’s market dynamics.
Source: https://u.today/dogecoin-liquidation-slows-down-is-worst-over-for-doge
