Dogecoin volume
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Per technical charts, major barriers for the Dogecoin price are envisaged in the daily MA 50 at $0.078 and MA 200 at $0.081, below which DOGE has traded since April 22. Dogecoin market cap today SHIB’s 24-hour trading volume is over $8 billion, and it has a market capitalization of over $11 billion, according to CoinMarketCap.com. Before SHIB was added to the trading platforms this week, its trading volume maxed out at just over $500 million in a single day, and as recently as January its daily trading volume was lower than $1.Price of one dogecoin
Dogecoin's value is derived from several factors. Its strong community and widespread adoption contribute to its value. The Dogecoin community is known for its active and supportive nature, which has helped to establish a loyal user base. Additionally, Dogecoin has gained popularity as a tipping currency, particularly in online communities, further increasing its utility and demand. Endorsements from celebrities like Elon Musk have also helped to boost its price in the past, at least temporarily. Future of Dogecoin In July 2020, the price of Dogecoin spiked following a TikTok trend aimed at getting Dogecoin to $1.