Tuesday, June 22, 2021

New altcoin era? Dogecoin liquidations briefly surpass Bitcoin By Cointelegraph

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New altcoin period? Dogecoin liquidations briefly surpass Bitcoin

Dogecoin (DOGE) noticed extra liquidations than (BTC) at one level on April 24. This reveals there’s a considerably excessive demand for buying and selling the meme cryptocurrency whilst Bitcoin and Ether (ETH) battle to get well.

Varied developments and metrics, akin to social quantity, buying and selling quantity, and liquidations within the futures market point out that DOGE stays one of many most steadily traded cryptocurrencies within the world market.

DOGE/USDT 15-minute value chart (Binance). Supply: Tradingview.com
Cryptocurrency liquidations. Supply: Bybt
30-day common sentiment vs. Long run sentiment (DOGE). Supply: TheTie