30 april 2023 study

 

The Dogecoin (DOGE) market has experienced a decline recently. Here are some reasons behind this downward trend:

 The Dogecoin (DOGE) market has experienced a decline recently. Here are some reasons behind this downward trend:

Market Correction: The broader crypto market has undergone a sharp correction, affecting various cryptocurrencies, including Dogecoin. Over the last 24 hours, DOGE’s price has dropped by 5.5%, reaching an intraday low of $0.1712 on April 3. This underperformance contrasts with the overall crypto market, which fell by approximately 0.17% during the same period1.

Profit-Taking: After recent gains, investors may be taking profits from their Dogecoin holdings. When prices rise significantly, some traders choose to sell their assets to lock in gains. This profit-taking behavior can lead to downward pressure on prices2.

Futures Open Interest Decline: Data indicates that Dogecoin’s futures open interest (OI) has fallen by 27.6% from $2.21 billion on March 28 to the current value of $1.60 billion. A decrease in OI can impact market sentiment and contribute to price declines1.

Market Sentiment: The overall market sentiment plays a crucial role. Factors such as economic data releases, regulatory news, and investor sentiment can influence the demand and supply dynamics of cryptocurrencies, including Dogecoin3.

Remember that cryptocurrency markets are highly volatile, and prices can fluctuate rapidly. It’s essential to stay informed and consider various factors when analyzing market movements. 📉🚀

GALT

 04/03/2024 AND                             04/11/2024

GALT

Your market value $3.80 Today‘s return +$0.50 (+15.00%) Total return +$1.21 (+46.99%) Your average cost $2.35 Shares 1.1 Market cap 228.42M Price-Earnings ratio -5.00 Dividend yield — Average volume 234.38K High today $3.74 Low today $2.98 Open price $2.98 Volume 929.54K 52 Week high $3.74 52 Week low $1.28

market value $4.52 Today‘s return +$0.32 (+7.59%) Total return +$1.33 (+41.68%) Your average cost $2.90 Shares 1.1 Portfolio diversity 0.11%Market cap 260.61M Price-Earnings ratio -5.12 Dividend yield — Average volume 342.71K High today $4.28 Low today $3.70 Open price $3.83 Volume 403.74K 52 Week high $4.28 52 Week low $1.28

ADAP

 as of 4/11/2024

Your market value

$13.11

Today‘s return		+$0.40 (+3.14%)
Total return		-$5.30 (-28.79%)

Your average cost

$1.84

Shares		10.01
Portfolio diversity		0.32%

 

Market cap
290.78M

High today
$1.36

52 Week high
$2.05

Price-Earnings ratio
-2.62

Low today
$1.25

52 Week low
$0.42

Dividend yield

Open price
$1.33

Average volume
1.16M

Volume
1.51M

DNMR

 fPREVIOUSLY AVG 0.94 $ 44 SHARE

FFILL THE SHORT WITH 0.8891 FOR 57 SHARE 

Your market value

$89.69 AS OF 4/11/2024 THURSDAY

Today‘s return		-$0.5588 (-0.62%)
Total return		-$1.4948 (-1.64%)

Your average cost

$0.9028

Shares		101
Portfolio diversity		2.05%