Dogecoin traded 0.4% lower over 24 hours leading up to Friday morning.
Dogecoin, In Numbers:
- 24-Hour Performance:-0.4%
- 7-Day Performance: -8.3%
- 30-Day Performance: -19.7%
- YTD Performance: -18.6%
Why It’s Moving?
DOGE traded lower along with some other major coins cryptocurrencies, even as the global cryptocurrency market cap rose 1.8% to $1.7 trillion at press time.
Photo by Kanchanara on Unsplash
At press time, DOGE was among the top ten most-mentioned cryptocurrencies on Twitter during the last 24 hours, as per CoinTrendz data. The meme coin was also noted as trending on CoinMarketCap.
On Thursday, DOGE along with other major coins traded muted after the U.S. Federal Reserve indicated on Wednesday that it could start raising interest rates as soon as March.
The coin failed to make significant gains despite the recent buzz surrounding fast-food chain McDonald’s (MCD) accepting DOGE and despite the hashtag “Accept Doge” trending on Twitter.
Dogecoin Chatter: The Lost Leaf Bar And Gallery in Phoenix, Arizona said it will accept Dogecoin for payments. The move was appreciated by Dogecoin co-creator Billy Markus.
We will now accept #Dogecoin $DOGE for payments! 🍺 Much Beer!
— The Lost Leaf 🍁 (@TheLostLeaf) January 27, 2022
Just scan the qrcode at the bar to pay with your crypto wallet. 1st 3 people gets a Lost Leaf shirt with @nxoeed design!
Do only good everyday! #AcceptDoge @elonmusk @dogecoin @BillyM2k pic.twitter.com/fsLmv3LZEi
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