Dogecoin (DOGE) Trading Volume Jumps 38% – Here’s Why
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Dogecoin (DOGE) has seen its trading volume soar by about 38% in the last 24 hours, reaching $659.84 billion due to the recent surge.
The crypto market has been down recently, so this surge in Dogecoin comes at a much-needed time.
Over the past month, Dogecoin (DOGE) has seen its price drop by 23.90%. However, the recent increase in trading activity could signal a shift in market sentiment.
In the last 24 hours, Dogecoin’s price has risen by 3.34%, reaching $0.1234 at press time. While this may not be a dramatic comeback, it represents a notable jump that could help reverse the trend.
Importantly, Dogecoin traders are starting to return to the market. Increased trading activity is crucial for sustaining an upward rally for the meme coin.
