Dogecoin
Why Dogecoin is up 4.1% today
Analysis
Dogecoin (DOGE) rose 4.1% over the past 24 hours amid renewed attention from market coverage highlighting DOGE as a “best crypto to buy now” alongside other large-cap names, which can boost short-term demand and sentiment. Separately, U.Today noted that while about five billion DOGE are minted annually, Dogecoin’s inflation rate continues to slow over time, a supply-side narrative that can be supportive for price.
Contributing Factors (2)
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Dogecoin Inflation Down: Five Billion DOGE Minted Yearly, But Rate Slows
Interesting fun fact shared about the biggest dog coin by market capitalization, Dogecoin (DOGE).
Move Details
Explanation Confidence
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