Dogecoin
Why Dogecoin is up 3.3% today
Analysis
Dogecoin rose 3.3% over the past 24 hours as traders reacted to a bullish flow/positioning signal highlighted by U.Today, which reported a surge equivalent to 1.41B DOGE in 24-hour “ETF flows,” often interpreted as increased demand or accumulation pressure. The move came despite separate Binance-related headlines about delisting the SHIB/DOGE pair and other spot pairs, which may have been viewed as limited to specific markets rather than a broad negative for DOGE’s overall liquidity.
Contributing Factors (2)
$1,410,000,000 DOGE in 24 Hours: Key Dogecoin Signal Just Flashed
Dogecoin has flashed a key signal as the crypto market anticipates recovery.
Binance Delisting Alert: SHIB/DOGE and 21 Crypto Pairs to Be Axed on This Date
Delisting move on Binance affects trading pairs of Bitcoin, Shiba Inu, Toncoin and meme coins, among others.
Move Details
Explanation Confidence
Moderate confidence. Multiple factors may be contributing.