DOGE traded higher at press time even though Bitcoin BTCUSD traded lower and ETHUSD was largely flat. The global cryptocurrency market cap inched down .% at $. trillion.
The meme cryptocurrency was among the most mentioned coins on Twitter. It attracted , tweets at press time, according to Cointrendz data. XRP, Bitcoin, and were the three most discussed coins.
$. million worth of DOGE futures have been liquidated in hours as the meme cryptocurrency rose, according to Coinglass data.
A bull flag pattern was created between March and Saturday on DOGE’s chart with the pole formed between March and March and the flag formed over the following days, according to Benzinga’s Melanie Schaffer.
If DOGE breaks from this pattern in the coming days, it could print a higher high, as per Schaffer.
On Sunday, cryptocurrency trader Justin Bennett said it wasn t a “good look” for the S&P failing to hold above the , levels.
Dogecoin co-creator Billy Markus pointed out the downsides for businesses to accept the meme coin early Monday morning. Where according to him are none.
The Dogecoin Foundation says the second Question and Answer session on the cryptocurrency will be held on April at p.m. ET and will feature DOGE developer Michi Lumin, executive board member of the foundation Jens Weichers, and product lead at the foundation Timothy Stebbing.