Hello everyone, this is Pipi. Today we will talk about Dogcoin
Hello everyone, this is Pipi. Today we will talk about Dogcoin.
Recently, Dogcoin has skyrocketed, as if announcing to the cryptoworld: "We are cryptowhales!" Dogcoin, a fun and humorous cryptocurrency, initially began as a humorous joke. However, it has gradually developed into an important member of the cryptocurrency market.
The rise of Dogcoin is not only due to its unique sense of humor, but also to its decentralized and permissionless nature. It allows anyone to easily participate without worrying about complex technical details. This is also why Dogcoin can continue to attract the attention of many participants, even cryptowhales.
However, does the rise of dogcoin mean that its new height is about to come? The answer may not be simple. Dogcoin is fluctuating and sometimes seems to be influenced by the overall trends of social media and cryptocurrency markets. However, the community of Dogcoin is very active, which may have a positive impact on it.
Latest news from Dog Coin:
As shown in the above figure, it can be seen that Dog Coin (DOGE) has increased by+9.98% in 24 hours, with a 24 hour trading volume of 10.096 billion and a 24 hour trading volume of 5.165 billion.
Dog Coin Jedi counterattack, rapid counterattack! Whale participants rushed in one after another to save dog coins from the depths of danger.
Recently, after hitting an annual low of 0.057 $, Gougou Coin has been catching up and regaining its lost ground of 0.068 $in just two weeks. This astonishing performance has attracted market attention, especially in response to the recent active distribution of orders in the dog coin vegetable market. We have discovered some interesting phenomena.
According to on chain data, during the period from October 14th to 25th, there was a significant increase in whale demand at DOGE, which is undoubtedly the key reason for the rebound in dog coins.
Faced with the rise, we have reason to ask, how many of these whale participants can continue to drive the rebound of dog coins?
Dog coin whale activity has reached its peak in three months???
Dog coins have rebounded strongly recently, and the culprit is actually "whales"! From October 14th to 23rd, the dog coin suddenly soared by 20%, and according to online data, the driving force behind it was actually the renewed enthusiasm of the whales.
In these two weeks, the whales competed in trading, with the number increasing from 599 on October 15th to 1420 on October 24th, the highest level since July 25th this year.
Dog coins suddenly became popular, and friends speculated about the reason. Is it because whales feel that dog coins have infinite potential and must get started? Perhaps their intervention has brought more liquidity to the market, allowing participants to better seize opportunities.
The recent performance of Dog Coin is indeed eye-catching, let's wait and see what surprises Dog Coin can bring!
Alright, that's all for this episode. See you next time!
In the encryption industry, if you want to seize the next bull market opportunity, you need to have a high-quality circle so that everyone can warm up and maintain insight. If you are alone, looking around in a daze, and realizing that there is no one, it is actually difficult to persist in this industry. Thank you for watching~
Disclaimer: The content of this article is sourced from the internet. The copyright of the text, images, and other materials belongs to the original author. The platform reprints the materials for the purpose of conveying more information. The content of the article is for reference and learning only, and should not be used for commercial purposes. If it infringes on your legitimate rights and interests, please contact us promptly and we will handle it as soon as possible! We respect copyright and are committed to protecting it. Thank you for sharing.(Email:[email protected])
