Dogecoin begins 2025 with mild drawdown, setting basis for 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.
Within the last 24 hours, the trading volume has decreased by 22.8% to $1.91 billion, suggesting investors' declining interest. Currently, DOGE trades at $0.3139 with a market capitalization of $46.27 billion. The next crucial support for DOGE is $0.325, which will determine its next movement. DOGE could see an uptrend if it breaks through this key support. However, Dogecoin could slip further downward if it fails to move above this level.from U.Today, these whale investors moved $258 million worth of DOGE in just 24 hours. Per the transaction details, the whales moved 466.8 million DOGE before transferring 350 million DOGE an hour later.
Typically, DOGE whale investors directly impact the asset's market price. Their increased attention could indicate that Dogecoin is set to see a breakthrough. 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.
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