{"id":9656,"date":"2022-03-04T13:49:12","date_gmt":"2022-03-04T13:49:12","guid":{"rendered":"http:\/\/egrowonline.com\/?p=9656"},"modified":"2022-03-04T13:49:12","modified_gmt":"2022-03-04T13:49:12","slug":"why-is-dogecoin-slumping-today-by-benzinga","status":"publish","type":"post","link":"http:\/\/egrowonline.com\/?p=9656","title":{"rendered":"Why Is Dogecoin Slumping Today? By Benzinga"},"content":{"rendered":"


\n<\/p>\n

\n
\n\"Why
\n\u00a9 Reuters. Why Is Dogecoin Slumping Today?<\/span>
\n\n<\/div>\n

(CRYPTO: DOGE) traded 3.8% lower over 24 hours at $0.13 leading up to early Friday morning. <\/p>\n\nDogecoin Price Performance<\/p>\n\nTime-frame
\n% Change (+\/-)
\n<\/tr>\n\n\n\n\n\n\n
24-hour<\/td>\n-3.9%%<\/td>\n<\/tr>\n
24-hour against <\/td>\n1%<\/td>\n<\/tr>\n
24-hour against <\/td>\n2.8%<\/td>\n<\/tr>\n
7-day<\/td>\n3.2%<\/td>\n<\/tr>\n
30-day<\/td>\n-10.5%<\/td>\n<\/tr>\n
\nYTD performance<\/td>\n-18.45%<\/td>\n<\/tr>\n<\/table>\n

See Also: How To Buy Dogecoin (DOGE)<\/p>\n

Why It’s Moving? DOGE traded lower in tandem with other major coins at press time, as the global cryptocurrency market cap fell 4.5% to $1.8 trillion at press time.<\/p>\n

DOGE was among the most mentioned coins on Twitter (NYSE:). At press time, it attracted 221 tweets, according to Cointrendz data. <\/p>\n

The three most mentioned coins \u2014 Bitcoin, Ethereum, and \u2014 attracted 1,914, 973, and 654 tweets, respectively. <\/p>\n

Major coins plunged Thursday evening as investors remained on edge due to the ongoing Russia-Ukraine conflict. Bitcoin needs \u201crisk appetite to be healthy\u201d for prices to run above $50,000, said OANDA Senior Analyst Edward Moya. <\/p>\n

DOGE is digging into two bullish patterns and faces resistance above at $0.135 and $0.146 levels. It has support at 12 cents and the psychologically important 10-cent mark, according to Benzinga\u2019s Melanie Schaffer. <\/p>\n

While McDonald\u2019s Corporation (NYSE: MCD) may be dithering on DOGE adoption, Shake Shake Inc (NYSE: SHAK) is making a move on offering cryptocurrency rewards.<\/p>\n

Meanwhile, Dogecoin Foundation has registered the European Union trademarks for \u201cDogecoin,\u201d \u201cDoge\u201d and associated logos in order to safeguard the memecoin\u2019s name and imagery.<\/p>\n

Dogecoin Chatter: Dogecoin co-creator Billy Markus took on Bitcoin bull Michael Saylor on Twitter on Thursday. Saylor had said that \u201c[Bitcoin] is the only thing you can truly own.\u201d<\/p>\n

remember, you don\u2019t own anything not on the blockchain<\/p>\n

bitcoin\u2019s blockchain specifically, the other blockchains don\u2019t count either<\/p>\n

https:\/\/t.co\/rORcDXbaUn<\/p>\n

\u2014 Shibetoshi Nakamoto (@BillyM2k) March 3, 2022<\/p>\n<\/blockquote>\n

Markus also tweeted that a dedicated DOGE wallet, \u201cMyDoge,\u201d was released for iOS on the same day.<\/p>\n

a dedicated dogecoin wallet was just released for iOS – non-custodial and seems pretty easy to use! https:\/\/t.co\/EtLHPIf9uC<\/p>\n

\u2014 Shibetoshi Nakamoto (@BillyM2k) March 4, 2022<\/p>\n<\/blockquote>\n

DOGE-oriented Twitter handle Mishaboar reminded his followers that the MyDoge wallet is a \u201chot (online) smartphone wallet.\u201d They said that for long-term holding, cold wallet solutions like hardware wallets are recommended. <\/p>\n

MyDoge is a “hot” (online) smartphone wallet.<\/p>\n

I use smartphone wallets to hold smaller amounts of #Doge I need for day-to-day expenses.<\/p>\n

For long term holding of large amounts. cold wallet solutions like hardware wallets are recommended.<\/p>\n

More info:https:\/\/t.co\/IKbOWSvlnG<\/p>\n

\u2014 Mishaboar (@mishaboar) March 3, 2022<\/p>\n<\/blockquote>\n

Read Next: More Than $52M In Bitcoin, Ethereum, Dogecoin Has Been Donated To Ukraine So Far<\/p>\n

\u00a9 2022 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.<\/p>\n

Read at Benzinga<\/p>\n

Read the original article on Benzinga<\/a><\/p>\n<\/div>\n

Disclaimer:<\/span> Fusion Media<\/b> would like to remind you that the data contained in this website is not necessarily real-time nor accurate. All CFDs (stocks, indexes, futures) and Forex prices are not provided by exchanges but rather by market makers, and so prices may not be accurate and may differ from the actual market price, meaning prices are indicative and not appropriate for trading purposes. Therefore Fusion Media doesn`t bear any responsibility for any trading losses you might incur as a result of using this data.<\/p>\n

Fusion Media<\/b> or anyone involved with Fusion Media will not accept any liability for loss or damage as a result of reliance on the information including data, quotes, charts and buy\/sell signals contained within this website. Please be fully informed regarding the risks and costs associated with trading the financial markets, it is one of the riskiest investment forms possible. <\/p>\n<\/div>\n


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\u00a9 Reuters. Why Is Dogecoin Slumping Today? (CRYPTO: DOGE) traded 3.8% lower over 24 hours at $0.13 leading up to early Friday morning. Dogecoin Price Performance Time-frame % Change (+\/-) 24-hour -3.9%% 24-hour against 1% 24-hour against 2.8% 7-day 3.2% 30-day -10.5% YTD performance -18.45% See Also: How To Buy Dogecoin (DOGE) Why It’s Moving? […]<\/p>\n","protected":false},"author":1,"featured_media":9657,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","enabled":false}}},"categories":[46],"tags":[4726,85,2664,446],"class_list":["post-9656","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-dogecoin","tag-benzinga","tag-dogecoin","tag-slumping","tag-today"],"jetpack_publicize_connections":[],"jetpack_sharing_enabled":true,"jetpack_featured_media_url":"http:\/\/egrowonline.com\/wp-content\/uploads\/2022\/03\/LYNXMPEB0508S_L.jpg","_links":{"self":[{"href":"http:\/\/egrowonline.com\/index.php?rest_route=\/wp\/v2\/posts\/9656","targetHints":{"allow":["GET"]}}],"collection":[{"href":"http:\/\/egrowonline.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/egrowonline.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/egrowonline.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"http:\/\/egrowonline.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=9656"}],"version-history":[{"count":1,"href":"http:\/\/egrowonline.com\/index.php?rest_route=\/wp\/v2\/posts\/9656\/revisions"}],"predecessor-version":[{"id":9658,"href":"http:\/\/egrowonline.com\/index.php?rest_route=\/wp\/v2\/posts\/9656\/revisions\/9658"}],"wp:featuredmedia":[{"embeddable":true,"href":"http:\/\/egrowonline.com\/index.php?rest_route=\/wp\/v2\/media\/9657"}],"wp:attachment":[{"href":"http:\/\/egrowonline.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=9656"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/egrowonline.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=9656"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/egrowonline.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=9656"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}