What happened to Dogecoin today?
- Posted on June 6, 2022
The Dogecoin cryptocurrency was up 0.37% on Wednesday morning after a 24-hour tracking period.
Dogecoin (Crypto: up in Wednesday’s session) was up 0.37% after the 24:00 AM tracking period.
observed movement
The currency has gained 4.8% over the past 72%.
Relative to Bitcoin and Ethereum, DOGE lost 1.53% and 4% in 24 hours, respectively.
At press time, DOGE has gained 4,721.6% so far this year. The coin has gained 26.73% in the past 30 days. This reached an all-time high of $0.74 last May.
With a market cap of $36.17 billion, DOGE is the 10th largest coin, according to CoinMarketCap. The Meme cryptocurrency is closing the gap with its rival Shiba Inu, which has a market cap of $36.77 billion at the time of publication.
Why do prices change?
At the time of publication, DOGE’s gains were in line with other major tokens, with the global cryptocurrency market capitalization up 3.15% on the day to $2.74 trillion.
According to Cointrendz’s list of the 10 most mentioned coins, the cryptocurrency ranks ninth.
DOGE was mentioned in 1,513 tweets, while the most popular coins Bitcoin and Shiba recorded 9,135 and 5,830 mentions, respectively.
With Ethereum hitting a new all-time high on Tuesday and Dogecoin holding its ground, Bitcoin traders are optimistic about how the market will perform in the months ahead.
The Dogecoin chart shows the formation of an inner bar, which is a “consolidation pattern,” according to Benzinga’s Melanie Schaffer. This could be a potential “gift” for traders.
The coin’s co-founder Billy Marcus has announced a new fake executive team after “Greg” stepped down as “fake Governor CEO.”
CEO of Tesla Inc.
Elon Musk made Marcus a fake CEO, but “a good girl” eventually took the job.
Marcus nominated Musk to be the fake director, while Musk’s Shiba Inu Floki was named president.
The Dogecoin cryptocurrency was up 0.37% on Wednesday morning after a 24-hour tracking period.