Dogecoin Community Exploration
Discover the deeper value of dogecoin and the latest developments of dogecoin whales.
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Jan / 22
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- Dogecoin, FLOKI long bets Crushed despite weekend rally
- Jan 22, 2024 at 06:04 pm Todayq News
- Dogecoin, the biggest meme crypto, suffered a setback as it failed to meet market expectations. After a promising surge over the weekend, DOGE price experienced a decline. On-chain data reveals that a significant number of long bets placed on Dogecoin's price were crushed within the last 24 hours. This development coincides with the growing anticipation surrounding adoption hopes associated with the introduction of an X payments profile on the social media platform X (formerly Twitter). Despite these expectations, Dogecoin struggled to gain momentum. Coinglass data indicates that both long and short bets on Dogecoin's price resulted in liquidations totaling over $2.77 million. Approximately 80% (equivalent to around $2.22 million) of these liquidations were long bets placed by traders. However
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