Advertisement
AD

Main navigation

Advertisement
AD

DOGE May Soon Break Out Despite Overall Market Negativity: Report

Advertisement
Sat, 24/09/2022 - 11:50
DOGE May Soon Break Out Despite Overall Market Negativity: Report
Cover image via stock.adobe.com

Disclaimer: The opinions expressed by our writers are their own and do not represent the views of U.Today. The financial and market information provided on U.Today is intended for informational purposes only. U.Today is not liable for any financial losses incurred while trading cryptocurrencies. Conduct your own research by contacting financial experts before making any investment decisions. We believe that all content is accurate as of the date of publication, but certain offers mentioned may no longer be available.

Read U.TODAY on
Google News

In a recently published tweet, Santiment data aggregator stated that several coins from the leaders by market capitalization seem to be ready to break out soon despite the overall negative sentiment from the community of crypto traders.

Advertisement

Santiment has tweeted that among the top 25 coins by market capitalization, there are four coins with particularly high FUD (fear, uncertainty, doubt) level, which may show that they may have a price surge soon – Dogecoin, Bitcoin, BNB Coin and Chainlink.

Over the past few days, Dogecoin price has increased by a whopping 18 percent, soaring from $0.0567 to the $0.0671 level. Earlier today, though, DOGE lost some of its recent gains, trading at $0.0660 per coin. In the past, the main driver of DOGE price was Tesla CEO Elon Musk. This time, however, the price of the original meme token has been moving up without his tweets.

Advertisement

Data provided by IntoTheBlock analytics company shows that recently six new whales have joined the network, buying a staggering 640 million DOGE.

Related

On September 18, leading cryptocurrency Bitcoin again lost the $20,000 level, dropping below the $18,500 line a couple of times over the past week. During this time, the Fed Reserve rose the interest rate once again this year – by 75 basis points.

A
A
A

Related articles

Advertisement
TopCryptoNewsinYourMailbox
TopCryptoNewsinYourMailbox
Advertisement
Advertisement

Recommended articles

Latest Press Releases

Our social media
There's a lot to see there, too

Popular articles

Advertisement
AD