Taking into account the negativity in the price of Bitcoin, the price of DODO Coin may face a seller’s onslaught towards the $0.11 support level.Īt the time of writing, with the price at $0.15, if it can close above $0.16, we can discuss the possibility of a renewed momentum in the upward movement. Get latest crypto prices, predictions, news, and historical data for.

When the active sell orders of an asset exceed market demand, a price correction is expected to begin soon. CoinCheckup provides live cryptocurrency prices and charts, listed by crypto market cap. While active addresses suggest that the uptrend may continue, the selling liquidity on the exchange appeared to outweigh the buyers. DODO futures is a contract representation of DODO Coins, and the. However, the increase in active addresses (+290%) gave bulls hope.ĭespite a 25% drop, the number of users on the network increased. Buy Crypto via Card Global Bank Transfer. After closing at $0.13 on Tuesday, DODO gradually stumbled towards $0.11, triggering a fear of selling across the network. This laid the groundwork for a 60% rally in DODO’s price. On-chain data shows that DODO network activity reached its highest level in 7 months immediately after the Binance announcement. Perpetual Contracts are a special trading product that allows crypto investors to speculate on the future price of an asset and take significant positions. On Monday, August 7th, the cryptocurrency exchange giant Binance announced the launch of a DODO/ USDT trading pair for perpetual contracts.

After achieving double-digit gains within 72 hours, DODO token caught the attention of investors this week. On-chain data analysis provides signals about whether DODO’s price can recover from its ongoing decline.ĭODO is a liquidity provider platform that uses a unique Proactive Market Maker (PMM) mechanism to enhance price stability. The price of DODO rallied by 80% following the launch of Perpetual Contracts on the Binance exchange’s trading platform last week. KuCoin is a secure cryptocurrency exchange that allows you to buy, sell, and trade Bitcoin, Ethereum, and 700+ altcoins. Many altcoins that have experienced a surge and significant gains may suffer heavy losses, and DODO Coin seems to be one of them. With support for over 50 fiat currencies through P2P markets and credit/debit card channels, KuCoin offers a seamless exchange experience for all users. At this stage, the risk is increasing for altcoins as well. The king of cryptocurrencies may be losing value due to the anxiety caused by the thousands of BTC sent to exchanges. Is Dodo Crypto A Good Investment - Video Card For Mining Bitcoineasy crypto mining redditiso bitcoin mininghow many people are investing in cryptocell phone. Despite surpassing $30,000 twice today, the price of Bitcoin turned downwards again around 19:00.

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