Over the past 24 hours, the price of Dogecoin fell 8.55% to $0.091. This is opposite to its positive trend over the past week where it has experienced a 5.0% gain, falling from $0.099 to $0.09.
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 risen 44.0% over the past week diverging from the circulating supply of the coin, which has decreased 0.14%.
This brings the circulating supply to 142.19 billion. According to our data, the current market cap ranking for DOGE is #10 at $13.15 billion.
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Luckily, Dogecoin is now gradually rising to retake its position. As at press time, Dogecoin is about $0.095.
Disclaimer: The information provided is not trading advice. Bitcoinworld.co.in holds no liability for any investments made based on the information provided on this page. We strongly recommend independent research and/or consultation with a qualified professional before making any investment decisions.
Source: https://bitcoinworld.co.in/dogecoin-decreased-more-than-8-within-24-hours/