This surge coincides with jump in activity on Dogecoin network
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The number of transactions surged nearly 100% within this time frame, rising from 95,390 on July 26 to 196,300 on July 27.as it awaits its next major move. At the time of writing, Dogecoin had fallen 5.32% in the previous 24 hours to $0.13, matching the general market decrease. Dogecoin trading volume is up 87% in the last 24 hours to $1.28 billion as traders pile in and out of Dogecoin.
Dogecoin subsequently retreated and is sustaining losses, on track to mark the second day of declines if today closes in red.
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