Dogecoin retail traders want in as price rebounds after sell-offs
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Additionally, Kate The Alt highlighted increased activity in Dogecoin trades. Notably, the number of Dogecoin trades across all exchanges has hit an all-time high . This does not refer to trading volume but to the number of trades conducted regardless of their size. This indicates that more participants are actively trading the coin due to FOMO. This increased trading activity could support positive price movement on the market.has increased by 0.83% to $0.3913. This rebound comes after DOGE slipped from a high of $0.3984 to a low of $0.3722 in the past 24 hours.might fail to happen. This has been fueled by the recent retracement in the price of Bitcoin, the world’s leading digital asset.
DOGE’s price has rebounded after a major slump in the broader market. The correlation with Bitcoin might help the meme coin in its $1 pursuit as the broader market recovers.Godfrey Benjamin is an experienced crypto journalist whose main goal is to educate everyone around him about the prospects of Web 3.0. His love for crypto was birthed when, as a former banker, he discovered the obvious advantages of decentralized money over traditional payments.
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