Dogecoin (Doge) realized profits of 225 % in 24 hours

Dogecoin (Doge) again attracts attention in the encryption market after a huge increase in profits and activity recently. According to the whale DataThere was a significant increase in its achieved profits during the past 24 hours, reaching $ 36.1 million.
This increase of 225.58 % indicates that many traders are making great gains with Doug’s price movements. With a 7.93 % increase, there was also a sharp increase in daily transactions to $ 595.9 million, indicating an increase in the user’s interest and market activity about the encryption assets of Meme.
Dogecoin challenges the MEME case
The data also showed that the average purchase of DOGE decreased by 1.02 % at the last 30 days, but it is still $ 0.159. Although the decline is not huge, it is a sign that the new buyers are making their purchases at a little lower prices.
The sharp increase in the achieved profits indicates that many Duji holders win this price level. At about 931, Hodl days show the average period that investors hold on Doug.
1.73 % in the past month shows that their confidence in Dogecoin is still as strong as it was. This data shows that Dogecoin still showing profit capabilities even though it is still considered a joke of a joke by many in the ecosystem for encryption.
It is still common among active merchants and long -term holders. While whales play a major role in their prices in prices, DOGE continues to attract serious investments despite their assets.
Analysts suggest that this fresh wave of activity can be part of a wider positive movement in Altcoin space.
DOGE trading volume extends to $ 2.71 billion
According to Coinmarketcap data, Dogecoin is currently trading at $ 0.2296 after getting 2.47 % in the last day. Trading volume increased by 63.39 % to $ 2.71 billion over the past 24 hours. This indicates an increase in interest from retailers and institutions.
This trading volume should not be confused with the above transaction value. The previous is the value of the DOGE TraDes via the stock exchanges, while the latter indicates the value of the Doge that was transferred between the governor.
The 24 -hour price chart shows that Dogecoin reached a peak of $ 0.237 before correcting a simple price, although it kept most of its gains. DOGE has maintained importance over the past years, partly due to its approvals by high -level characters such as Elon Musk and their use in small transactions such as transformation.