Dogecoin
Why Dogecoin is down 1.0% in the last hour
Analysis
Dogecoin (DOGE) slipped about 1.0% over the last hour as traders digested a regulatory-focused update on its supply dynamics. U.Today reported that while roughly five billion DOGE are minted annually, the inflation *rate* slows over time, which can shift near-term sentiment around issuance and tokenomics and contribute to modest selling pressure.
Contributing Factors (1)
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
High confidence in the explanation based on source reliability and timing.