DOGE is holding near $0.23 after a 7% dip.
Daily trading volume has surged over 74%.
The bearish hold has toughened, with the overall market cap falling back. All the crypto assets have lit the red candlesticks. Notably, the meme coin market cap has declined to $80 billion, following a 12.1% loss. The downturn has triggered the dog-themed meme coin, Dogecoin (DOGE), to tumble by over 7.21%.
In the early hours, DOGE traded at its high level of $0.2562, and with the bulls stepping back, the bears took charge, and they eventually pushed the price down to a bottom range of $0.2233. At the time of writing, the meme coin traded at the $0.2370 zone, with its market cap stationed at $35.62 billion, according to CMC data.
Meanwhile, the daily trading volume of DOGE has increased by over 74.01%, reaching the $5.5 billion mark. As reported by the CoinGlass data, the market has experienced a liquidation of $52.94 million worth of DOGE during this time frame, in the last 24 hour
We współpracy z: https://thenewscrypto.com/doge-in-freefall-will-it-snap-back-or-sink-further/
