HomeUncategorizedWhy is Dogecoin price up today? By Cointelegraph

Why is Dogecoin price up today? By Cointelegraph

August 30, 2023

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Dogecoin (DOGE) price is up roughly 5% in the last 24 hours, mirroring trends elsewhere in the cryptocurrency market.

Despite DOGE price being down 2.4% on Aug. 30, it’s still up 5% from yesterday’s lows, while the total crypto market capitalization has gained 4.5%.

versus crypto market capitalization daily performance chart. Source: TradingView
DOGE/USD and daily correlation coefficient. Source: TradingView
DOGE/USD daily price chart. Source: TradingView
DOGE/USD weekly price chart. Source: TradingView/Crypto Rover
DOGE/USD weekly price chart. Source: TradingView