New altcoin period? Dogecoin liquidations briefly surpass Bitcoin By Cointelegraph

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New altcoin period? Dogecoin liquidations briefly surpass Bitcoin

Dogecoin (DOGE) noticed extra liquidations than (BTC) at one level on April 24. This reveals there’s a considerably excessive demand for buying and selling the meme cryptocurrency at the same time as Bitcoin and Ether (ETH) wrestle to get well.

Numerous developments and metrics, resembling social quantity, buying and selling quantity, and liquidations within the futures market point out that DOGE stays one of many most ceaselessly traded cryptocurrencies within the international market.

DOGE/USDT 15-minute value chart (Binance). Supply: Tradingview.com
Cryptocurrency liquidations. Supply: Bybt
30-day common sentiment vs. Long run sentiment (DOGE). Supply: TheTie