DOGE Sees Over $4 Million Liquidation In 24 Hours
Release: 2024/07/04 19:29 Reading: 487
DOGE Witnesses Over $4 Million in Liquidations Within 24 Hours
Dogecoin has become a focal point for memecoin liquidations, with over $4 million liquidated in just 24 hours. Although this figure pales in comparison to Bitcoin's $90.06 million in liquidations during the same period, it represents a substantial amount for DOGE.
The surge in liquidations coincides with a 7.89% decline in DOGE's price, which currently stands at $0.1121. Despite this setback, DOGE remains a popular meme coin, with over 8,500% growth in its burn rate. However, this growth has yet to translate into a broader ecosystem recovery.
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