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Benzinga
Benzinga
Business
Shivdeep Dhaliwal

Dogecoin Daily: Price Firm Above 7 Cents, Lucky Node Runners To Get Customized Profile Pictures

Dogecoin (CRYPTO: DOGE) traded 4.1% higher at $0.07 over 24 hours leading up to early Tuesday morning. 

DOGE traded in the green in tandem with other major coins as the global cryptocurrency market cap rose 0.6% to $1.1 trillion.

Dogecoin Price Performance
Time-frame % Change (+/-)
24-hour 4.1%
24-hour against Bitcoin 2.3%
24-hour against Ethereum 0.6%
7-day 10.3%
30-day 7.3%

YTD performance

-58.1%

See Also: How To Get Free Crypto

The DOGE Factors

  • Dogecoin was not among the most-mentioned coins on Twitter at press time, according to Cointrendz.
  • The 24-hour trading volume for DOGE soared 108.1% to $467.33 million, according to CoinMarketCap.
  • Coinglass data showed that $1.52 million worth of DOGE was liquidated over 24 hours as the price of the meme coin shot up.
  • Dogecoin’s relative strength index was at 61.75, according to TradingView. An RSI above 70 means an asset is overbought, while RSI under 30 indicates it is oversold.

Ethereum Pops, Dogecoin Hot On Trail

Ethereum crossed the $1,800 mark on Monday eclipsing the intraday gains seen in Bitcoin. Dogecoin was seen in the green as well. Investors will keep an eye on the U.S. consumer price inflation data, which is expected on Wednesday. Cryptocurrency trader Michaël van de Poppe said pockets of upwards movements are being seen in some altcoins as a part of the summer relief rally. 

DOGE Needs You

Dogecoin Foundation Director Timothy Stebbing said the organization was “building the future currency of earth and beyond” in a tweet. He asked for volunteers to join the Dogecoin developer army. 

DOGE On The Web

Dogecoin Foundation artist “Dogememegirl” announced “10 lucky draw winners” from among the meme coin's node runners and said they would be receiving their own customized profile pictures.   

Read Next: Mark Cuban, An 'Ethereum Maxi,' Is Bullish On These Low-Cap Cryptos

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