Price: $0.39154 -1.9737%
Market Cap: 57.51B 1.839%
Volume (24h): 11.19B 0.4%
Dominance: 1.839%
Price: $0.39154 -1.9737%
Market Cap: 57.51B 1.839%
Volume (24h): 11.19B 0.4%
Dominance: 1.839% 1.839%
  • Price: $0.39154 -1.9737%
  • Market Cap: 57.51B 1.839%
  • Volume (24h): 11.19B 0.4%
  • Dominance: 1.839% 1.839%
  • Price: $0.39154 -1.9737%
  • Sep / 11
    • DOGE MVRV Hints Undervaluation as SHIB & PEPE Stay Bearish
      Sep 11, 2024 at 04:16 pm CryptoTale
      Memecoins have demonstrated considerable price volatility driven by community hype. DOGE, SHIB, and PEPE have exhibited substantial fluctuations, leading investors to exercise caution. Market Value to Realized Value (MVRV) ratios and social metrics provide insights into potential future value trends. Dogecoin, a prominent memecoin, currently trades at $0.1002 with a 2.80% decline in the past 24 hours. Short-term undervaluation is indicated by a 30-day MVRV Ratio of 1.682%, while long-term sentiment remains neutral with a 365-day MVRV Ratio of -20.79%. Historically, high MVRV ratios have aligned with market peaks, suggesting caution during periods of rapid appreciation.
  • Jul / 07
    • Dogecoin – How its MVRV may have saved its short-term price action
      Jul 07, 2024 at 05:04 am AMBCrypto
      Dogecoin (DOGE) shows signs of recovery following a recent market decline. Its Market Value to Realized Value (MVRV) ratio has reversed its downward trend, indicating a potential rebound. Dogecoin's 30-MVRV has recovered to 13.6%, suggesting a shift in sentiment towards undervaluation. A modest price increase and recovery in the Relative Strength Index (RSI) further indicate a potential easing of downward price pressure.
  • Jun / 20
    • Dogecoin, Cardano “Very Bullish” Based On MVRV: Santiment
      Jun 20, 2024 at 03:04 am NewsBTC
      Sentient's analysis of Dogecoin (DOGE) and Cardano (ADA) revealed negative 30-day Market Value to Realized Value (MVRV) Ratios, indicating that short-term investors are in potential loss. However, these low MVRV Ratios have historically preceded short-term rallies. Despite a recent price decline for DOGE, both assets show signs of being undervalued and ripe for recovery.
  • Aug / 02
    • Dogecoin MVRV Inches to 1: DOGE's Price to Drop?
      Aug 02, 2023 at 09:30 pm TheBitTimes
      Dogecoin's MVRV ratio has been steadily rising, inching closer to 1 from a low of 0.73 in mid-June. This indicates that the market cap is surpassing the realized cap, potentially leading to a drop in Dogecoin's price. In 2023, Dogecoin's MVRV has exceeded 1 three times, twice in Q1 and once in Q2.

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