Currently, Dogecoin is priced at 0.1962 USD, reflecting a 2.02% decrease within the last day. The price rests near critical support levels, heightening market uncertainty and prompting traders to closely observe potential breakout signals.
The stock-to-flow ratio for Dogecoin has reached 157.52, citing potential scarcity. Meanwhile, the decline in daily active addresses to 36.1K and a drop in transaction counts to 13.9K further indicate diminished market confidence, particularly with Open Interest slightly down to 1.76 billion USD.
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