Dogecoin Price Prediction as $1.2 Billion Trading Volume Floods In – A

Original author：Crypto World Daily

Original source：https://www.youtube.com/embed/12kDk7_hDss

Last updated: December 22, 2023 05:40 EST
. 4 min read


































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Despite a nearly 10% decline over the past week and a 3% drop in the last 24 hours, Dogecoin has seen a remarkable trading volume influx, boasting a over 19% increase in activity. This flurry in trading suggests a strong investor interest in acquiring Dogecoin at its current rate of $0.0950, with an eye on a possible uptrend.

While aspirations of hitting the $1 mark remain ambitious, the recent surge in trading activity amidst market fluctuations points to Dogecoin’s resilience and potential for growth.


Dogecoin Price Update 📉
1 Ð = $0.093
pic.twitter.com/DWmqXXASmI
— MyDoge Wallet (@MyDogeOfficial) December 22, 2023





The sentiment surrounding Dogecoin remains predominantly bullish, with 74% optimism, though expert predictions from Changelly indicate a conservative outlook for its price by 2024.

Factors such as Bitcoin’s halving and the anticipated ETF approval contribute to the optimism, placing Dogecoin among other altcoins that could witness a surge in the coming period.

Significant Dogecoin Transaction Fuels Market Buzz.


Recently, a huge sum of Dogecoin, about 112 million coins worth roughly $10.4 million, was moved from the Robinhood trading app to an unknown wallet. This big transfer has sparked curiosity and speculation among people who follow cryptocurrency.


🚨 112,079,939 #DOGE (10,435,672 USD) transferred from #Robinhood to unknown wallethttps://t.co/SP9KVrjDVR
— Whale Alert (@whale_alert) December 22, 2023





It’s not the first time a large amount of Dogecoin has been moved like this; similar transfers happened earlier in December involving Robinhood.

Currently, Dogecoin is ranked 11th in the cryptocurrency market, with a recent 3.2% increase in value, trading at $0.094756.

These large transactions are drawing more and more interest, leading to discussions and guesses about what they mean for Dogecoin and the broader digital currency market.


CRYPTO BREAKING NEWSSignificant Dogecoin Movement from Robinhood to Unknown Wallet. Over $10 million worth of Dogecoin transferred from Robinhood. Observers notice intriguing patterns in Dogecoin transactions. The post Significant… check us out @ https://t.co/8dh137aX4R...

https://cryptonews.com/news/dogecoin-...

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