Dogecoin (DOGE) showed an 8% increase in value due to the positive atmosphere in the market and the launch of GigaWallet. With this increase, Dogecoin surpassed Cardano (ADA) in market value and attracted attention.
Launching of GigaWallet
GigaWallet 1.0 was introduced as an important service developed for Dogecoin payments offering flexibility. This service, which was realized with the support of many people, includes features such as multiple payment addresses, low transaction fees, and advanced error handling. Additionally, it serves as an API that integrates with various platforms, including online stores, exchanges, and social media platforms.
Fluctuations in DOGE Price
The value of DOGE quickly rose to $0.1857 and reached a market value of $26.8 billion. However, with a general market pullback, the DOGE price decreased by 1% and fell to $0.1798, reducing its market value to $25.8 billion.
Despite this decrease, the 24-hour trading volume of DOGE showed an increase of over 10%, indicating sustained investor interest. At the same time, the high market volatility led to liquidations, especially attracting attention with losses of over $5 million in long positions.
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