• Bitcoin
  • NFT
  • Binance
  • ETH
  • DeFi
  • Metaverse
  • IDO
  • Coinbase
  • Solana
  • ETF
  • FTX
  • GameFi
Newsletter
  • Home
  • Crypto News
  • Market
  • Learn
No Result
View All Result
  • Home
  • Crypto News
  • Market
  • Learn
No Result
View All Result
CoinLive
No Result
View All Result
Home Crypto News

Dogecoin’s each day trading volume improved to virtually $ one billion in the 2nd quarter

189
SHARES
1.5k
VIEWS
Share on FacebookShare on Twitter

DOGE is estimated to have accounted for five% of all cryptocurrency volume in the 2nd quarter of 2021.

Dogecoin's daily volume grows to nearly $ 1 billion in the second quarter
Dogecoin’s each day volume grows to virtually $ one billion in the 2nd quarter

Dogecoin’s trading volume improved far more than 13 instances in the 2nd quarter of 2021, reaching virtually $ one billion per day.

Related articles

Shiba Inu burning rate increased by 499,416%, will SHIB increase by $0.1?

Shiba Inu burning price enhanced by 499,416%, will SHIB improve by $.one?

November 28, 2023
CoinEx: more than trading

CoinEx: far more than trading

November 27, 2023

According to information compiled by Coinbase and reported by Business Insider, Dogecoin’s trading volume improved by one,250% concerning April and June, with DOGE well worth $ 995 million traded on typical each day in the quarter.

For comparison, Dogecoin’s typical each day volume for the to start with quarter was $ 74 million.

Dogecoin begun the 12 months at just $ .004 and to start with registered in early February when the price tag jumped 50% when Tesla CEO Elon Musk embarked on his Twitter campaign in favor of the meme. coin.

A significant bullish rally ensued as Musk escalated Dogecoin hysteria, sending the Shiba Inu-themed coin to an all-time higher of $ .731 on May eight. The move culminated in a whopping 18,000% get because the commence of the 12 months.

Although a lot of cryptocurrency commentators attribute Dogecoin’s measured effectiveness in 2021 to Twitter objections from Tesla CEO Elon Musk, Business Insider speculates that Dogecoin’s remarkable effectiveness will be unattainable. June.

According to information from Coinbase, the 2nd quarter also noticed international cryptocurrency trading volumes boost by 32% all round, with virtually $ 19 billion in digital assets transforming hands every single day. The information displays that DOGE accounted for far more than five% of the mixed cryptocurrency volume in the 2nd quarter.

However, in its quarterly cryptocurrency report, GoinGecko estimates close to $ 81 billion well worth of digital assets traded each day in the 2nd quarter, exhibiting that DOGE accounts for one.two% of cryptocurrency volume.

According to CoinGecko, regardless of its record gains, Dogecoin has suffered extreme losses from its all-time higher, getting plunged 75.three% from its May eight all-time higher of $ .181, in accordance to CoinGecko. However, DOGE is even now rising by four.425% because the starting of 2021.

Tesla’s CEO seems to have reverted to his diminutive DOGE, transforming his Twitter profile image to “Doge-eyes” on July 18 to demonstrate his continued help for the firm.

While DOGE recorded a quick spike of 18% inside two hrs of responding to Musk’s new profile image on Sunday, the token’s returns have been speedily wiped out, with the meme coin now trading two.five% greater than in advance of. for Musk to alter his profile image.

Synthetic Currency 68

Maybe you are interested:

Join the chat group Coinlive Chats Now let us talk about the sizzling subjects of the DeFi marketplace with the Coinlive administrators !!!

.

Tags: Altcoin NewsbilliondailyDogecoinsincreasedquartertradingVolume
Share76Tweet47

Related Posts

Binance’s CZ Cautions Corporates on Bitcoin Treasury Risks

by shark
June 5, 2025
0

Binance founder CZ warns companies about Bitcoin treasury risks amid rising global adoption.

Amazon Commits $10 Billion to AI Cloud Expansion in NC

by shark
June 5, 2025
0

Amazon's strategic $10 billion investment in AI and cloud infrastructure in North Carolina, creating jobs and boosting the economy.

Elon Musk Labels US Bill as ‘Debt Slavery’

by shark
June 5, 2025
0

Elon Musk's comments on social media about a US Congressional spending bill, urging opposition due to its fiscal implications.

Nibiru Launches Innovative DeFi Rewards Program

by shark
June 5, 2025
0

Nibiru announces new rewards program, Block Party, seeing a positive DeFi market impact.

Coinbase Supports Ethena Token, Opens ENA Trading

by shark
June 5, 2025
0

Coinbase initiates trading support for Ethena (ENA), an ERC-20 token on the Ethereum network, potentially boosting Ethereum's network activity.

Load More

Tags

analysis announces Bank billion Binance Bitcoin Blockchain BTC CEO Coin Coinbase Crypto cryptocurrencies Cryptocurrency DeFi ETH Ethereum Exchange Finance FTX fund game General News Information Investment Latest Launch launches market Metaverse million Network News NFT platform Price project Protocol Review SEC Solana Token trading users wallet

Recent Posts

  • Why Qubetics, Maker, Aptos Are the Top Cryptos to Buy This Month—Latest Market Moves
  • Binance’s CZ Cautions Corporates on Bitcoin Treasury Risks
  • Amazon Commits $10 Billion to AI Cloud Expansion in NC
  • Elon Musk Labels US Bill as ‘Debt Slavery’
  • Nibiru Launches Innovative DeFi Rewards Program
  • Coinbase Supports Ethena Token, Opens ENA Trading
  • Sentient’s Dobby Plus AI Challenges OpenAI with Decentralization
  • JPMorgan Recognizes Bitcoin ETFs as Loan Collateral
  • About
  • FAQ
  • Contact Us
  • IGO
  • Altcoin
  • Terra
  • Launchpad
  • P2E
  • META
  • AXS
Email us: [email protected]

© 2021 CoinLive - Crypto News 24/7

No Result
View All Result
  • Home
  • Crypto News
  • Market Analysis
  • Learn

© 2021 CoinLive - Crypto News 24/7