Elon Musk is still mentioned as one of the main supporters of $DOGE , with expectations of integrating it as a payment method on platforms like 'X' (formerly Twitter).
Current Price: The value of $DOGE ranges between $0.2316
and $0.2455 over the past 24 hours, with an increase of **2.5%** according to CoinGecko data.
- Volatility: The currency saw an increase of **3.45%** over the past 24 hours, and a rise of **36.4%** over the past week.
Trading Volume and Market Value;
- Daily Trading Volume: Approximately $2.9 billion
, down **4%** from the previous day.
- Market Value: Estimated at around **$34.7 billion**, making it the eighth largest among cryptocurrencies.
Factors Affecting Price:
- Market Optimism: Technical analysis indicates a strong
buy signal on the monthly timeframe, with neutral signals on the daily and weekly timeframes.
- Collective Rise: Most cryptocurrencies, including Dogecoin, are experiencing a sharp rise this week, supported by improved market sentiment and increased demand for digital assets.
Disclaimer:
All posts are personal opinions and not financial advice.
