Dogecoin (DOGE), the biggest meme crypto, is leading with gains when most digital tokens are trading down. Data suggests that the cumulative crypto market cap dropped by around 1.5% over the past day to stand at $1.42 trillion. This sudden drop in the market seems to be a minor correction after Bitcoin’s rally to regain the $38k price level.

가장 큰 밈 암호화폐인 Dogecoin(DOGE)은 대부분의 디지털 토큰이 하락할 때 상승세를 보이고 있습니다. 데이터에 따르면 누적 암호화폐 시가총액은 지난 하루 동안 약 1.5% 감소한 1조 4200억 달러를 기록했습니다. 이러한 시장의 급격한 하락은 비트코인이 38,000달러 가격 수준을 회복하기 위한 랠리 이후 사소한 조정으로 보입니다.

도지코인 가격 2% 급등

Dogecoin price jumped by more than 2% in the last 24 hours. DOGE is trading at an average price of $0.082, at the press time. Its 24 hour trading volume is marginally up by 1.2% to stand at $637 million. 

DOGE price surge helped the meme crypto market cap to surge by around 0.36%. It now stands at $18.7 billion. The trading volume registered a surge of more than 6% in the last 24 hours to stand at $1.3 billion.

DOGE 가격 급등은 밈 암호화폐 시가총액이 약 0.36% 급등하는 데 도움이 되었습니다. 현재 그 가치는 187억 달러에 달합니다. 거래량은 지난 24시간 동안 6% 이상 급증해 13억 달러를 기록했습니다.

As per the Coinglass data, more than 36k traders got liquidated in the last 24 hours. The cumulative liquidations recorded by the tracker come in at $62.15 million. While the single largest liquidation order took place on the crypto exchange OKX of $608K.

As we dig in, data depicts that around $1.46 million of long and short positions set on Dogecoin price got liquidated in the last 24 hours. However, $952k worth of short positions (66%) set on DOGE price got liquidated. This suggests that traders were hoping for Dogecoin price to decline, while, it managed to surge against market sentiments.

조사 결과에 따르면 Dogecoin 가격에 설정된 약 146만 달러의 롱 및 숏 포지션이 지난 24시간 동안 청산된 것으로 나타났습니다. 그러나 DOGE 가격으로 설정된 $952,000 상당의 매도 포지션(66%)이 청산되었습니다. 이는 거래자들이 Dogecoin 가격이 하락하기를 바랐지만 시장 정서에 반하여 급등했다는 것을 의미합니다.

비트코인 하락

Bitcoin, the biggest crypto asset price dropped marginally on Thursday after recording a major rally to regain the crucial $38k price level. However, BTC is trading at an average price of $37,713, at the press time. 

However, Bitcoin’s recent price surge was backed by Federal Reserve Governor Chris Waller’s statement on the recent data indicating an economic slowdown and ongoing moderation in inflation. This suggested that U.S. Federal Reserve policy is in an appropriate position.

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