649,331,848 Dogecoin Stun Biggest Crypto Exchange
The altcoin market’s instability has continued to exert pressure on different assets. Dogecoin (DOGE) plunged 6.15% in the last 24 hours, almost losing all the gains it made within the last seven days. Amid these bearish signals, over 649 million DOGE have hit Binance, the largest crypto exchange.
Dogecoin battles key support levels
According to CoinGlass data, 649,331,848 DOGE, valued at approximately $116,620,000, were transacted on Binance during this period.
The spike in trading volume as the price dipped might have been triggered by market participants trying to take advantage of the price drop.
