8.65 Billion Dogecoin (DOGE) in 24 Hours: What's Up?

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Large number of Dogecoin being moved on market, but it is not clear if it is beneficial to price

Disclaimer: The opinions expressed by our writers are their own and do not represent the views of U.Today. The financial and market information provided on U.Today is intended for informational purposes only. U.Today is not liable for any financial losses incurred while trading cryptocurrencies. Conduct your own research by contacting financial experts before making any investment decisions.

Additional context is given by the average balance data. With the highest point at $3,711 and the lowest at $3,505 the seven-day average balance is approximately $3,627. Although there has been a lot of movement, these numbers show that average holdings have stayed mostly steady. This could mean that while some whales are selling, others are purchasing, keeping the balance.Arman strongly believes that cryptocurrencies and the blockchain will be of constant use in the future.

 

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