The current price of Dogecoin is $0.2240, with a 24-hour increase of 19.3%, and a trading volume of approximately $12.269 billion, representing a 53.90% increase in trading volume. Its turnover rate is 41.44%, indicating a high level of market activity. In terms of market capitalization, Dogecoin ranks 8th, and it ranks 2nd in the AICoin popularity ranking. Considering its current price is far higher than its historical high and low points, as well as its high turnover rate, the market's attention and trading activity for Dogecoin are both active.

Historical Highs and Lows

As of now, the price of Dogecoin is $0.2240, far exceeding its historical high of $0.000000225972 (recorded on August 25, 2023). At the same time, compared to its historical low of $0.000000012361 (which occurred on October 28, 2023), the current price has shown a significant increase.

Technical Analysis

According to the AICoin custom indicators data, the 15-minute RSI indicator for Dogecoin shows no overbought conditions, and the Bollinger Bands also do not indicate an overbought signal, suggesting that there may be no significant increase in the near future. The 4-hour MACD indicator shows alternating golden and death crosses, indicating significant market volatility. The TD sequence shows 8 consecutive upward cycles, suggesting the possibility of a pullback risk.

Project Introduction

Dogecoin (DOGE) is a new cryptocurrency founded by billionaire Elon Musk, with the goal of establishing the first interplanetary cryptocurrency exchange. The total supply of this currency is 642 billion, with each representing a total mass of 1 ton on Mars. Holders will enjoy future protection and privileges.

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