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Dogecoin’s 24-Hour Trading Volume Increases Despite 1% Drop, While AiDoge Raises $8 Million in Presale

Dogecoin's price has dropped by 1% to $0.072064 in the last 24 hours, which can be attributed to the overall cryptocurrency market's 1.5% decline. However, the coin's trading volume has increased to over $250 million, indicating a possible recovery. Despite whales selling DOGE, its support level is rising, suggesting consolidation at higher levels.

While DOGE's technical indicators are in a neutral position, its 30-day moving average is approaching its 200-day, which may signal a breakout. Investors may also want to consider investing in newer altcoins and meme tokens like AiDoge, which has raised over $8 million and offers genuine utility beyond being a Doge-referencing meme token.

$AI can be used for staking and for paying to use AiDoge's meme-generating features. Investors can participate in its presale by visiting AiDoge's official website and connecting their wallets, before using ETH, BNB, USDT or fiat currency to purchase $AI. The presale will end in the third quarter, when $AI will be listed on exchanges.

Dogecoin Dogecoin $0.42
+8.3%
Dogecoin DOGE
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