Dogecoin Community Exploration
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Solana Experiences Significant Open Interest Decline Amid Price Drop
Solana Faces Decline in Open Interest as Longs Liquidated Amid Price Downturn
Solana Faces Market Downturn with Interest and Price Decline
Dogecoin Suffers Price Setback in Cryptocurrency Market Decline
Hot Moments: Bitcoin Experience Sharp Decline! What’s Causing the Downturn?
Bitcoin Price Drop Triggers Altcoin Market Decline
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Apr / 24
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- Solana Experiences Significant Open Interest Decline Amid Price Drop
- Apr 24, 2024 at 03:44 am CoinstelegramEng
- Solana's open interest has plummeted by 21% amid a wider market downturn, with the total value of unsettled futures contracts falling to $1.62 billion. The market price has also dropped by 11% to $136.54, leading to the liquidation of $36.55 million in long positions. Despite the challenges, some traders remain optimistic about a potential recovery, suggesting that the current market conditions could present an opportunity for investment.
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Apr / 17
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- Solana Faces Decline in Open Interest as Longs Liquidated Amid Price Downturn
- Apr 17, 2024 at 05:19 am ItsBitcoinWorld
- Solana (SOL) witnessed a steep decline in open interest (OI) since April 12th, with over $85 million in long positions liquidated amidst a significant market downturn. As per CoinGlass data, Solana's OI reached a low of $1.62 billion on April 14th, marking an approximate 21% decrease from the preceding day. This drop closely followed SOL's abrupt decline from $172 to $117, resulting in a loss of over 30% in value on April 12th and 13th.
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Apr / 14
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- Solana Faces Market Downturn with Interest and Price Decline
- Apr 14, 2024 at 04:29 pm BH NEWS
- Amidst the broader crypto market decline, Solana has experienced a downturn, marked by a 21% decrease in open interest to $1.62 billion and an 11% price drop to $136.54. This market slump extends to other top cryptocurrencies, with XRP, Dogecoin, and Cardano facing similar losses. Despite the uncertain duration of the downturn, investor sentiment remains positive, with some influencers expressing optimism and predicting potential gains in altcoins. However, on-chain data provides a less rosy outlook, suggesting that the declines may be less severe than previous market downturns.
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Apr / 13
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- Dogecoin Suffers Price Setback in Cryptocurrency Market Decline
- Apr 13, 2024 at 08:29 pm BH NEWS
- Dogecoin, a meme-based cryptocurrency, has witnessed a substantial 15% price drop amidst a broader market decline led by Bitcoin. Despite this setback, technical indicators such as the hammer candlestick formation suggest a potential reversal, offering a possible entry point for investors. However, the broader market sentiment and Bitcoin's price trajectory remain crucial factors influencing Dogecoin's future direction.
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Apr / 10
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- Hot Moments: Bitcoin Experience Sharp Decline! What’s Causing the Downturn?
- Apr 10, 2024 at 09:34 pm Bitcoin Sistemi EN
- The cryptocurrency market has witnessed a significant decline in the past hours, with Bitcoin falling below $68,000 and trading at $67,670. The drop is attributed to higher-than-expected US inflation data released earlier today, indicating an annual inflation rate of 3.5% instead of the anticipated 3.4%. The decline has resulted in liquidations of over $70 million, with $65 million in long positions.
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Apr / 03
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- Bitcoin Price Drop Triggers Altcoin Market Decline
- Apr 03, 2024 at 10:59 am COINTURK NEWS
- Following Bitcoin's recent 7% drop to $64,550, altcoins have experienced a decline in value. Popular altcoins such as XRP, DOGE, and ADA have weakened from resistance levels to support levels. XRP is currently at $0.58, facing resistance at $0.74 and support at $0.52. DOGE has fallen to $0.184, with resistance at $0.23 and support at $0.14. ADA Coin has dropped to $0.58, testing support between $0.57 and $0.58 and facing resistance at $0.68.
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- Sharp Decline in Dogecoin Value as Selling Intensifies
- Apr 03, 2024 at 01:19 am BH NEWS
- Dogecoin, the meme cryptocurrency, has seen a significant decline in value, dropping from $0.22 to $0.18. This drop aligns with a general downturn in the crypto market, and Dogecoin's 4-hour trading chart has revealed a double top pattern, indicating a potential further decrease. Despite an earlier rally in March, Dogecoin's long-term holders have become more active and selling pressure at the $0.22 level has led to a bearish double top formation. If selling continues, Dogecoin could face further declines in value.
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Apr / 02
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- How Will Bitcoin (BTC) Move After Its Decline? Will a Rapid Recovery Come? Analysts Shared Their Predictions!
- Apr 02, 2024 at 04:54 pm Bitcoin Sistemi EN
- Bitcoin plummeted to $66,000, triggering losses in Ethereum, Solana, BNB, and Dogecoin. Analysts attribute the decline to long-term investors selling, anticipating consolidation within a range. The broader market's cautious stance on risky assets, exemplified by Nasdaq100's decline, is also seen as a factor.
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- Cryptocurrency Market Faces Sharp Decline
- Apr 02, 2024 at 02:49 pm COINTURK NEWS
- The cryptocurrency market has plunged sharply, with Bitcoin (BTC) leading the decline with a 5.6% loss. Altcoins have followed suit, with many experiencing drops of 10% or more. Liquidations totaling over $500 million have been triggered, with Bitcoin accounting for $66 million. Ethereum (ETH) has shown high implied volatility and a negative risk skew for April, indicating potential downside protection in the options market.
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Apr / 01
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- DeeStream (DST) Poised for Q2 Success, Outperforming Dogecoin (DOGE) and Shiba Inu (SHIB) Amid Predicted Declines
- Apr 01, 2024 at 07:39 am TheCoinrise Media
- As the cryptocurrency market navigates its fluctuations, DeeStream (DST) emerges as a compelling investment prospect, poised for significant success in Q2. Amidst predicted declines for Dogecoin (DOGE) and Shiba Inu (SHIB), DST distinguishes itself with its unique value proposition, decentralized platform, and promising performance indicators. With its presale generating substantial interest and a market capitalization of $247 billion projected for the live-streaming industry by 2027, DST presents a compelling investment opportunity for those seeking a stable and promising alternative in the crypto space.
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