Bitsky000
01/02 04:14
DOGE Slides: Will Bears Push Even Lower or Bulls T
DOGE Slides: Will Bears Push Even Lower or Bulls Take Back Control?
- DOGE price is holding around the $0.12 mark.
- The daily trading volume has slipped by over 21%.
The mixed sentiment across the crypto assets displayed red and green charts. But deep down, all the digital tokens are hovering on the downside. With only a few hours left for the new year to kick in, the meme coin market cap has settled at $42.10 billion after a brief spike. Meanwhile, Dogecoin (DOGE), the dog-themed asset, has lost 1.12%.
In the early hours, the meme coin was trading at around a high level of $0.1249. With multiple ups and downs and a bearish shift in the market, the Dogecoin price slipped toward a bottom range of $0.1225. If the bears continue to strengthen, the price action is likely to push further downward.
At the time of writing, DOGE traded at $0.1231, with the market cap found at $20.65 billion. Significantly, the daily trading volume has dropped by over 21.43%, reaching the $703.65 million mark. As per Coinglass data, the market has observed a liquidation of $611.72 worth of DOGE in the last 24 hours.
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