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Dogecoin Rises 2.3% in 24 Hours Despite a Dip Below $0.08

The CoinGecko snapshot also showed a 6.6% weekly decline; its separate sentiment gauge read 40, classified as fear.

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A stylized Dogecoin token sits beside the $0.08 threshold in a restrained editorial market graphic. / EconoTimes.ai
A stylized Dogecoin token sits beside the $0.08 threshold in a restrained editorial market graphic. / EconoTimes.ai

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In its latest market snapshot at 8:04 a.m. ET (12:04 UTC) Oct. 17, CoinGecko showed Dogecoin (DOGE) at $0.08032, after a 24-hour low of $0.07933 below the $0.08 level.

DOGE was up 2.3% over 24 hours but down 6.6% over seven days. The 24-hour range reached a high of $0.08248. CoinGecko’s separate sentiment gauge read 40, which the site classified as fear.

CoinGecko’s global chart put total cryptocurrency market capitalization at $2.84 trillion, a 0.97% decline over 24 hours.

Crypto analyst Ali Martinez, who posts as Ali Charts, said large-holder DOGE balances had reportedly grown by about 600 million since Oct. 12. He also identified $0.081 as a support area. CoinGecko’s reported low was below that level during the same 24-hour period.

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