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Dogecoin Falls More Than 5% In 24 hours By Benzinga

12 March 2024
in DOGE
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Dogecoin Falls More Than 5% In 24 hours By Benzinga
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© Reuters. Dogecoin Falls More Than 5% In 24 hours

Benzinga – by Benzinga Insights, Benzinga Staff Writer.

Over the past 24 hours, Dogecoin’s (CRYPTO: DOGE) price has fallen 5.57% to $0.17. This is opposite to its positive trend over the past week where it has experienced a 4.0% gain, moving from $0.16 to its current price.

The chart below compares the price movement and volatility for Dogecoin over the past 24 hours (left) to its price movement over the past week (right). The gray bands are Bollinger Bands, measuring the volatility for both the daily and weekly price movements. The wider the bands are, or the larger the gray area is at any given moment, the larger the volatility.

The trading volume for the coin has fallen 65.0% over the past week, moving in tandem, directionally, with the overall circulating supply of the coin, which has decreased 1.57%. This brings the circulating supply to 143.44 billion. According to our data, the current market cap ranking for DOGE is #10 at $23.69 billion.

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This article was generated by Benzinga’s automated content engine and reviewed by an editor.

© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.

Read the original article on Benzinga

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