Dogecoin Price Experiences Sharp Reversal: Volume Plummets After 3-Day Rally

After experiencing three consecutive days of gains, Dogecoin (DOGE) experienced a sharp price reversal early Friday. Following reaching highs of $0.2544 earlier in the week, DOGE’s price fell to an intraday low of $0.227 before retracting back to its previous levels. This 1.84% decline in trading volume is a reflection of the market’s caution following recent bullish momentum. Trading volume for the cryptocurrency reached a staggering $3.36 billion in a single day, although a slight dip compared to earlier days shows a slowdown in activity.