Dogecoin Performance in the Past Days Pales Earlier Bull Run - DOGE News. Wednesday, September 19
Dogecoin Cryptocurrency News
Dogecoin Performance in the Past Days Pales Earlier Bull Run
After a rather significant price correction after a period of a very promising price movements during the negative market, Dogecoin’s earlier bull-run has almost paled to insignificance as the coin has added just 0.33 percent in the past several days after consecutive weeks of impressive performance.
DOGE has fell from $0.0065 to $0.0054 within last two days.
As at the time of reporting, Dogecoin is listed at number 20 according to coin market capitalization and is trading at $0.0055 having lost 8.42 percent. The situation of the coin makes it the biggest loser among the first 50 coins in the past 24 hours.
Dogecoin capitalization is down to $643 million according to Coinmarketcap which also shows that the coin’s trade volume in the past 24 hours $34 million. Most of that trade was conducted at Gate.oi, a Chinese exchange that transacted 22 percent of all DOGE traded. HitBTC exchanged 14 percent, ZB.COM and Bittrex both made do with 10 percent each even as Poloniex had 9 percent trade of DOGE.
DOGE/USD Price Chart, Wednesday September 19th:
Dogethereum Project Excites Dogecoin Users
Dogecoin was one of the surprising coins of September after the coin market saw an upward reversal following the slump of August nearly fulfilling the predictions of the coin’s enthusiasts by making a stunning 121 percent gain on September 1.
The Dogecoin spike in value was consequent upon the listing of the coin at Poloniex and an announcement of a planned swap capability with Ethereum, a hearty news to users of the coin that has been praised for its very low transaction fees and popularity as a tipping instrument.
The Dogethereum project has excited many users of Dogecoin even though the project is still under evaluation. Alex Van De Sande is a member of the Dogethereum project. According to him, the public are getting informed to enable them make decisions on what to make of the project.
Dogecoin which started as a joke is now surprising among the first 20 coins even with current losses.
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