Dogecoin’s Daily Flux

2022-02-17 422

Dogecoin has turned into one of the most unpredictable and fickle tokens on the market today. As it stagnates in the same range where it’s sat for months, the token picked up a percent overnight, rising to 15 cents. In that time, the token has lost value to both Bitcoin and Ethereum, but it was rising with all major tokens as the global crypto market attempts to recover. In the past 7 days, the token has lost 13.5% and it’s lost almost 40% in the past month. It remains one of the most discussed tokens on Twitter, and it is getting a boost from what appears to be a calming of political tensions across Eastern Europe. The token also got some press as co-creator Billy Markus took to Twitter to complain about crypto scams, a notion that was seconded by Tesla CEO, Elon Musk. Finally, a KPMG France study shows that Dogecoin is among the most popular tokens in France, while Bitcoin topped the European market as a whole. At press time, Dogecoin sat at 14.74 cents, down nearly 2%.

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