Why Dogecoin’s soaring numbers hit a snag

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Why Dogecoin’s soaring numbers hit a snag
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DOGE, despite registering a 13% hike, has not done enough to reignite broader interest. Here's what participation with the coin looks like.

a significant increase between January and a few weeks into May. This meant that a number of new addresses joined the DOGE clan with the aim of benefiting from its long-term price action.

At press time, DOGE’s weighted sentiment was -0.645. The weighted sentiment shows the average acumen linked to a cryptocurrency. This is done by taking into account theAlthough cynical, the metric rise from -1.99 on 9 June means that defeatist perception at that time was tilting toward optimism. Social volume represents a coin’s unique mentions pertaining to arbitrary search and discussion. And based on Santiment’s data, Dogecoin’s social volume has been extremely low since 9 June.

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