The overall trend of DOGE shows a weak fluctuation trend, reflected in:
1. Recent fluctuations: The price of DOGE has seen minor fluctuations recently, remaining in a consolidation phase overall. Although the decline within 24 hours is small, the 1-hour candlestick data indicates that DOGE has shown a downward trend in the past few hours, and trading volume is also in a shrinking state, suggesting that market sentiment is cautious, with a higher possibility of continued decline in the short term.
2. Changes in trading volume: The 1-hour candlestick data for DOGE shows that trading volume is generally in a shrinking state, with minor fluctuations, indicating that market participants have low interest in DOGE and there is a lack of strong buying power.
3. Market heat: Although DOGE ranks high in popularity, its market capitalization ranking is relatively low, indicating that market attention and participation in DOGE are not high. Additionally, DOGE lacks clear application scenarios and technological advantages, making it difficult to attract more investors, thus the market heat has limited impact on DOGE's trend.