Dogecoin Price Prediction as DOGE Slumps 10% as $1 Billion Trading Volume Comes In – Can DOGE Hit $1 in 2024?
Dogecoin (DOGE) is down sharply on Wednesday, with the price having dipped around 10% over the past 24 hours, in line with a broader sell-off witnessed across the crypto market.
Fears that the US SEC might not approve spot Bitcoin ETFs in the very near-future have triggered frenzied trading conditions – Dogecoin has seen spot trading volumes of around $1 billion across major exchanges so far on Wednesday as per Yahoo, the highest since December the 11th.
Having started the day above $0.09, Dogecoin dipped as low as the $0.076s, but has since recovered to around $0.082.
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