7.3 Billion Dogecoin in 24 Hours Stuns Bears Amid Market Downturn

  • 📰 Utoday_en
  • ⏱ Reading Time:
  • 40 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 19%
  • Publisher: 63%

Malaysia News News

Malaysia Malaysia Latest News,Malaysia Malaysia Headlines

Dogecoin (DOGE) prints massive 7.7% volume uptick

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.

Another contributory factor that could see an upward shift in price for Dogecoin is speculation around Tesla’s boss, Elon Musk. In the broader cryptocurrency space, the entrepreneur’s leanings toward DOGE is an open secret. For instance, in May, Tesla added DOGE to its list of accepted payment options. The development sparked debate as to the significance and whether Musk would extend goodwill to other assets.While investors await the coin’s price performance to pick up in the coming days, the rise in trading volume suggests that buyers are trying to consolidate their position in anticipation of a bullish rally.

Social Infrastructure OpenSocial Protocol receives $6 million strategic backing led by Framework Ventures and North Island Ventures to fuel community apps

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 295. in MY
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Malaysia Malaysia Latest News, Malaysia Malaysia Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Dogecoin (DOGE) Market Cap Back Above $20 Billion, While WIF Posts Double-Digit GainsDogecoin (DOGE) becomes double decacorn and fastest-growing crypto in top 35
Source: Utoday_en - 🏆 295. / 63 Read more »