{"id":665039,"date":"2024-12-20T02:30:23","date_gmt":"2024-12-20T02:30:23","guid":{"rendered":"https:\/\/wncen.com\/?p=665039"},"modified":"2024-12-19T12:08:15","modified_gmt":"2024-12-19T12:08:15","slug":"dogecoin-trading-volume-rise","status":"publish","type":"post","link":"https:\/\/wncen.com\/news\/dogecoin\/dogecoin-trading-volume-rise\/","title":{"rendered":"Dogecoin Trading Volume Rises Over $6.5 Billion As Liquidations Cross $31 Million, What&#8217;s Going On?"},"content":{"rendered":"<p><span style=\"font-weight: 400\">The Dogecoin trading volume has surged in the last 24 hours, and <\/span><a href=\"https:\/\/bitcoinist.com\/dogecoin-largest-liquidation\/\" rel=\"nofollow\"><span style=\"font-weight: 400\">liquidations<\/span><\/a><span style=\"font-weight: 400\"> have also risen during this period. The surge in these metrics has resulted from the significant price drop for Dogecoin, which is down over 5% in the last 24 hours.\u00a0<\/span><\/p>\n<h2>Dogecoin Trading Volume And Liquidations Witness Significant Spike<\/h2>\n<p><a href=\"https:\/\/coinmarketcap.com\/currencies\/dogecoin\/\" rel=\"nofollow\"><span style=\"font-weight: 400\">CoinMarketCap data<\/span><\/a><span style=\"font-weight: 400\"> shows that Dogecoins\u2019s trading volume is up over 57% in the last 24 hours, with over $6 billion traded during this period. Meanwhile, Coinglass data shows that <\/span><a href=\"https:\/\/wncen.com\/xrp-news\/crypto-billion-liquidations-xrp-dogecoin-crashes\/\"><span style=\"font-weight: 400\">Dogecoin\u2019s liquidations<\/span><\/a><span style=\"font-weight: 400\"> have crossed $31 million, with $25 million and $5.8 in long and short positions liquidated, respectively.\u00a0<\/span><\/p>\n<div class=\"related-reading-shortcode\">Related Reading: <a href=\"https:\/\/wncen.com\/analysis\/xrp\/xrp-price-ready-to-run-11-ath\/\">XRP Price Ready To Run To $11 ATH? Alternative Larger Metrics Show The Answer<\/a><\/div>\n<p><span style=\"font-weight: 400\">Long positions took the most hit as the Dogecoin price crashed below the $0.4 range. This development came following Jerome Powell\u2019s speech, which painted a bearish picture for the foremost meme coin. As crypto analyst <\/span><a href=\"https:\/\/bitcoinist.com\/major-boom-for-dogecoin-price\/#:~:text=The%20analyst's%20accompanying%20chart%20showed,early%20January%202025%20and%20July.\" rel=\"nofollow\"><span style=\"font-weight: 400\">Kevin Capital revealed<\/span><\/a><span style=\"font-weight: 400\">, Dogecoin\u2019s technical indicators were already bearish, and the macroeconomic fundamentals only did more damage.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400\">Powell suggested that the US <\/span><a href=\"https:\/\/bitcoinist.com\/bitcoin-might-not-benefit-from-federal-reserve-rate-cuts-former-bitmex-ceo-explains-why\/\" rel=\"nofollow\"><span style=\"font-weight: 400\">Federal Reserve<\/span><\/a><span style=\"font-weight: 400\"> will likely pause on the rate cuts next year, which immediately sparked a bearish sentiment among traders and led to a wave of sell-offs. This contributed to the spike in trading volume, as investors looked to offload their coins, considering how the Fed being hawkish is bearish for risk assets like Dogecoin.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400\">However, Kevin Capital believes that traders are overreacting to Jerome Powell\u2019s speech. The crypto analyst believes that Dogecoin will recover this price correction, stating that the dip will be bought. However, it is worth mentioning Dogecoin\u2019s correlation with Bitcoin, as Kevin Capital had previously pointed out that DOGE\u2019s next move will depend on BTC.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400\">The <\/span><a href=\"https:\/\/wncen.com\/analysis\/btc\/bitcoin-slips-below-100k\/\"><span style=\"font-weight: 400\">Bitcoin price has dropped<\/span><\/a><span style=\"font-weight: 400\"> below the $100,000 psychological price level and looks bearish at the moment. As such, the Dogecoin price recovery is unlikely to happen until Bitcoin witnesses a bullish reversal.\u00a0<\/span><\/p>\n<h2>Increased Volatility Is Not Unusual<\/h2>\n<p><span style=\"font-weight: 400\">Crypto analyst <\/span><a href=\"https:\/\/bitcoinist.com\/dogecoins-new-all-time-high-unlikely-this-year\/\" rel=\"nofollow\"><span style=\"font-weight: 400\">Master Kenobi<\/span><\/a><span style=\"font-weight: 400\"> also commented on the Dogecoin price drop, stating that increased volatility at this stage of the bull market is not unusual. However, the analyst suggested that traders should avoid being shaken out and instead hold on to their positions. This came as he claimed that market makers who will inject money into the market would prefer for market participants to walk away with a 90% loss rather than a 10x gain.\u00a0<\/span><\/p>\n<div class=\"related-reading-shortcode\">Related Reading: <a href=\"https:\/\/wncen.com\/news\/cardano\/cardano-price-eyes-recovery-2\/\">Cardano Price Eyes Recovery Toward $2 As Million-Dollar Whale Transactions Explode On The Network<\/a><\/div>\n<p><span style=\"font-weight: 400\">Bitcoinist recently reported that <\/span><a href=\"https:\/\/bitcoinist.com\/dogecoin-sentiment-negative\/\" rel=\"nofollow\"><span style=\"font-weight: 400\">Dogecoin\u2019s sentiment<\/span><\/a><span style=\"font-weight: 400\"> has turned negative once again, indicating that DOGE holders may be looking to sell their coins even at a loss. Kevin Capital had before now stated that the Dogecoin bull run is far from over, suggesting that there was no need to be bearish at the moment despite the price correction. He advised long-term holders just to sit back and wait for higher prices.\u00a0\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400\">At the time of writing, the Dogecoin price is trading at around $0.36, down over 5% in the last 24 hours, according to <\/span><a href=\"https:\/\/coinmarketcap.com\/currencies\/dogecoin\/\" rel=\"nofollow\"><span style=\"font-weight: 400\">data<\/span><\/a><span style=\"font-weight: 400\"> from CoinMarketCap.\u00a0<\/span><\/p>\n<figure style=\"width: 3286px\" class=\"wp-caption aligncenter\"><img loading=\"lazy\" decoding=\"async\" class=\"size-medium\" src=\"https:\/\/www.tradingview.com\/x\/O5GQdIUP\/\" alt=\"Dogecoin price chart from Tradingview.com\" width=\"3286\" height=\"1518\"><figcaption class=\"wp-caption-text\">DOGE bulls push for higher prices | Source: <a href=\"http:\/\/Tradingview.com\" rel=\"nofollow\">DOGEUSDT on Tradingview.com<\/a><\/figcaption><\/figure>\n<div class=\"disclaimer-shortcode\">Featured image created with Dall.E, chart from Tradingview.com<\/div>\n","protected":false},"excerpt":{"rendered":"<p>The Dogecoin trading volume has surged in the last 24 hours, and liquidations have also risen during this period. The surge in these metrics has resulted from the significant price drop for Dogecoin, which is down over 5% in the last 24 hours.\u00a0 Dogecoin Trading Volume And Liquidations Witness Significant Spike CoinMarketCap data shows that Dogecoins\u2019s trading volume is up over 57% in the last 24 hours, with over $6 billion traded during this period. Meanwhile, Coinglass data shows that Dogecoin\u2019s liquidations have crossed $31 million, with $25 million and $5.8 in long and short positions liquidated, respectively.\u00a0 Related Reading: XRP Price Ready To Run To $11 ATH? Alternative Larger Metrics Show The Answer Long positions took the most hit as the Dogecoin price crashed below the $0.4 range. This development came following Jerome Powell\u2019s speech, which painted a bearish picture for the foremost meme coin. As crypto analyst Kevin Capital revealed, Dogecoin\u2019s technical indicators were already bearish, and the macroeconomic fundamentals only did more damage.\u00a0 Powell suggested that the US Federal Reserve will likely pause on the rate cuts next year, which immediately sparked a bearish sentiment among traders and led to a wave of sell-offs. This contributed to the spike in trading volume, as investors looked to offload their coins, considering how the Fed being hawkish is bearish for risk assets like Dogecoin.\u00a0 However, Kevin Capital believes that traders are overreacting to Jerome Powell\u2019s speech. The crypto analyst believes that Dogecoin will recover this price correction, stating that the dip will be bought. However, it is worth mentioning Dogecoin\u2019s correlation with Bitcoin, as Kevin Capital had previously pointed out that DOGE\u2019s next move will depend on BTC.\u00a0 The Bitcoin price has dropped below the $100,000 psychological price level and looks bearish at the moment. As such, the Dogecoin price recovery is unlikely to happen until Bitcoin witnesses a bullish reversal.\u00a0 Increased Volatility Is Not Unusual Crypto analyst Master Kenobi also commented on the Dogecoin price drop, stating that increased volatility at this stage of the bull market is not unusual. However, the analyst suggested that traders should avoid being shaken out and instead hold on to their positions. This came as he claimed that market makers who will inject money into the market would prefer for market participants to walk away with a 90% loss rather than a 10x gain.\u00a0 Related Reading: Cardano Price Eyes Recovery Toward $2 As Million-Dollar Whale Transactions Explode On The Network Bitcoinist recently reported that Dogecoin\u2019s sentiment has turned negative once again, indicating that DOGE holders may be looking to sell their coins even at a loss. Kevin Capital had before now stated that the Dogecoin bull run is far from over, suggesting that there was no need to be bearish at the moment despite the price correction. He advised long-term holders just to sit back and wait for higher prices.\u00a0\u00a0 At the time of writing, the Dogecoin price is trading at around $0.36, down over 5% in the last 24 hours, according to data from CoinMarketCap.\u00a0 Featured image created with Dall.E, chart from Tradingview.com<\/p>\n","protected":false},"author":594,"featured_media":656239,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[83685],"tags":[167,6664,26263,14690,1785,89174,85675,7,1803,1804,79599,79600],"class_list":["post-665039","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-dogecoin","tag-analyst","tag-crypto","tag-crypto-analyst","tag-crypto-news","tag-doge","tag-doge-news","tag-doge-price","tag-dogecoin","tag-dogecoin-news","tag-dogecoin-price","tag-dogeusd","tag-dogeusdt"],"acf":[],"yoast_head":"\n<title>Dogecoin Trading Volume Rises Over $6.5 Billion As Liquidations Cross $31 Million, What&#039;s Going On?<\/title>\n<meta name=\"description\" content=\"The Dogecoin trading volume has surged in the last 24 hours, and liquidations have also risen during this period.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/wncen.com\/news\/dogecoin\/dogecoin-trading-volume-rise\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Dogecoin Trading Volume Rises Over $6.5 Billion As Liquidations Cross $31 Million, What&#039;s Going On?\" \/>\n<meta property=\"og:description\" content=\"The Dogecoin trading volume has surged in the last 24 hours, and liquidations have also risen during this period.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/wncen.com\/news\/dogecoin\/dogecoin-trading-volume-rise\/\" \/>\n<meta property=\"og:site_name\" content=\"NewsBTC\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/newsbtc\" \/>\n<meta property=\"article:published_time\" content=\"2024-12-20T02:30:23+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2024-12-19T12:08:15+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/wncen.com\/wp-content\/uploads\/2024\/12\/Dogecoin-DOGE-Big-Break.jpg?fit=1792%2C1024\" \/>\n\t<meta property=\"og:image:width\" content=\"1792\" \/>\n\t<meta property=\"og:image:height\" content=\"1024\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Scott Matherson\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@https:\/\/twitter.com\/MathersonScott\" \/>\n<meta name=\"twitter:site\" content=\"@newsbtc\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Scott Matherson\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"NewsArticle\",\"@id\":\"https:\/\/wncen.com\/news\/dogecoin\/dogecoin-trading-volume-rise\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/wncen.com\/news\/dogecoin\/dogecoin-trading-volume-rise\/\"},\"author\":{\"name\":\"Scott Matherson\",\"@id\":\"https:\/\/wncen.com\/#\/schema\/person\/b728e21249a8147d980445b0ee98f18d\"},\"headline\":\"Dogecoin Trading Volume Rises Over $6.5 Billion As Liquidations Cross $31 Million, What&#8217;s Going On?\",\"datePublished\":\"2024-12-20T02:30:23+00:00\",\"dateModified\":\"2024-12-19T12:08:15+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/wncen.com\/news\/dogecoin\/dogecoin-trading-volume-rise\/\"},\"wordCount\":536,\"publisher\":{\"@id\":\"https:\/\/wncen.com\/#organization\"},\"image\":{\"@id\":\"https:\/\/wncen.com\/news\/dogecoin\/dogecoin-trading-volume-rise\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/wncen.com\/wp-content\/uploads\/2024\/12\/Dogecoin-DOGE-Big-Break.jpg?fit=1792%2C1024\",\"keywords\":[\"analyst\",\"crypto\",\"crypto analyst\",\"crypto news\",\"doge\",\"DOGE news\",\"Doge price\",\"Dogecoin\",\"Dogecoin news\",\"dogecoin price\",\"dogeusd\",\"dogeusdt\"],\"articleSection\":[\"Dogecoin\"],\"inLanguage\":\"en-US\",\"copyrightYear\":\"2024\",\"copyrightHolder\":{\"@id\":\"https:\/\/wncen.com\/#organization\"}},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/wncen.com\/news\/dogecoin\/dogecoin-trading-volume-rise\/\",\"url\":\"https:\/\/wncen.com\/news\/dogecoin\/dogecoin-trading-volume-rise\/\",\"name\":\"Dogecoin Trading Volume Rises Over $6.5 Billion As Liquidations Cross $31 Million, What's Going On?\",\"isPartOf\":{\"@id\":\"https:\/\/wncen.com\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/wncen.com\/news\/dogecoin\/dogecoin-trading-volume-rise\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/wncen.com\/news\/dogecoin\/dogecoin-trading-volume-rise\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/wncen.com\/wp-content\/uploads\/2024\/12\/Dogecoin-DOGE-Big-Break.jpg?fit=1792%2C1024\",\"datePublished\":\"2024-12-20T02:30:23+00:00\",\"dateModified\":\"2024-12-19T12:08:15+00:00\",\"description\":\"The Dogecoin trading volume has surged in the last 24 hours, and liquidations have also risen during this period.\",\"breadcrumb\":{\"@id\":\"https:\/\/wncen.com\/news\/dogecoin\/dogecoin-trading-volume-rise\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/wncen.com\/news\/dogecoin\/dogecoin-trading-volume-rise\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/wncen.com\/news\/dogecoin\/dogecoin-trading-volume-rise\/#primaryimage\",\"url\":\"https:\/\/wncen.com\/wp-content\/uploads\/2024\/12\/Dogecoin-DOGE-Big-Break.jpg?fit=1792%2C1024\",\"contentUrl\":\"https:\/\/wncen.com\/wp-content\/uploads\/2024\/12\/Dogecoin-DOGE-Big-Break.jpg?fit=1792%2C1024\",\"width\":1792,\"height\":1024,\"caption\":\"Dogecoin (DOGE) Eyes Big Break\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/wncen.com\/news\/dogecoin\/dogecoin-trading-volume-rise\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/wncen.com\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Dogecoin Trading Volume Rises Over $6.5 Billion As Liquidations Cross $31 Million, What&#8217;s Going On?\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/wncen.com\/#website\",\"url\":\"https:\/\/wncen.com\/\",\"name\":\"NewsBTC\",\"description\":\"Bitcoin &amp; Cryptocurrency News Today\",\"publisher\":{\"@id\":\"https:\/\/wncen.com\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/wncen.com\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/wncen.com\/#organization\",\"name\":\"NewsBTC\",\"url\":\"https:\/\/wncen.com\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/wncen.com\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/wncen.com\/wp-content\/uploads\/2020\/06\/logo-min.png?fit=157%2C46\",\"contentUrl\":\"https:\/\/wncen.com\/wp-content\/uploads\/2020\/06\/logo-min.png?fit=157%2C46\",\"width\":157,\"height\":46,\"caption\":\"NewsBTC\"},\"image\":{\"@id\":\"https:\/\/wncen.com\/#\/schema\/logo\/image\/\"},\"sameAs\":[\"https:\/\/www.facebook.com\/newsbtc\",\"https:\/\/x.com\/newsbtc\",\"https:\/\/www.youtube.com\/channel\/UC9v9erBEru5y4c3FA0wehEw\"]},{\"@type\":\"Person\",\"@id\":\"https:\/\/wncen.com\/#\/schema\/person\/b728e21249a8147d980445b0ee98f18d\",\"name\":\"Scott Matherson\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/wncen.com\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/3d21ae3d2529ce2df4466b61ea80b449?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/3d21ae3d2529ce2df4466b61ea80b449?s=96&d=mm&r=g\",\"caption\":\"Scott Matherson\"},\"description\":\"Scott Matherson is a prominent crypto writer at NewsBTC with a knack for capturing the pulse of the market, covering pivotal shifts, technological advancements, and regulatory changes with precision. Having witnessed the evolving landscape of the crypto world firsthand, Scott is able to dissect complex crypto topics and present them in an accessible and engaging manner. Scott's dedication to clarity and accuracy has made him an indispensable asset, helping to demystify the complex world of cryptocurrency for countless readers. Scott\u2019s experience spans a number of industries outside of crypto including banking and investment. He has brought his vast experience from these industries into crypto, which allows him to understand even the most complex topics and break them down in a way that is easy for readers from all works of life to understand. Scott\u2019s pieces have helped to break down cryptocurrency processes and how they work, as well as the underlying groundbreaking technology that makes them so important to everyday life. With years of experience in the crypto market, Scott began to focus on his true passion: writing. During this time, Scott has been able to author countless influential pieces that have drawn in millions of readers and have shaped public opinion across various important topics. His repertoire spans hundreds of articles on various sectors in the crypto industry, including decentralized finance (DeFi), decentralized exchanges (DEXes), Staking, Liquid Staking, emerging technologies, and non-fungible tokens (NFTs), among others. Scott\u2019s influence is not just limited to the countless discussions that his publications have sparked but also as a consultant for major projects in the space. He has consulted on issues ranging from crypto regulations to new technology deployment. Scott\u2019s expertise also spans community building and contributes to a number of causes to further the development of the crypto industry. Scott is an advocate for sustainable practices within the crypto industry and has championed discussions around green blockchain solutions. His ability to keep in line with market trends has made his work a favorite among crypto investors. In his personal life, Scott is an avid traveler and his exposure to the world and various way of life has helped him to understand how important technologies like the blockchain and cryptocurrencies are. This has been key in his understanding of its global impact, as well as his ability to connect socio-economic developments to technological trends around the globe like no one else. Scott is known for his work in community education to help people understand crypto technology and how its existence impacts their lives. He is a well-respected figure in his community, known for his work in helping to enlighten and inspire the next generation as they channel their energies into pressing issues. His work is a testament to his dedication and commitment to education and innovation, as well as the promotion of ethical practices in the rapidly developing world of cryptocurrencies. Scott stands steady in the frontlines of the crypto revolution and is committed to helping to shape a future that promotes the development of technology in an ethical manner that translates to the benefit of all in the society.\",\"sameAs\":[\"https:\/\/x.com\/https:\/\/twitter.com\/MathersonScott\"],\"url\":\"https:\/\/wncen.com\/author\/mathersonscott1\/\"}]}<\/script>\n","yoast_head_json":{"title":"Dogecoin Trading Volume Rises Over $6.5 Billion As Liquidations Cross $31 Million, What's Going On?","description":"The Dogecoin trading volume has surged in the last 24 hours, and liquidations have also risen during this period.","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/wncen.com\/news\/dogecoin\/dogecoin-trading-volume-rise\/","og_locale":"en_US","og_type":"article","og_title":"Dogecoin Trading Volume Rises Over $6.5 Billion As Liquidations Cross $31 Million, What's Going On?","og_description":"The Dogecoin trading volume has surged in the last 24 hours, and liquidations have also risen during this period.","og_url":"https:\/\/wncen.com\/news\/dogecoin\/dogecoin-trading-volume-rise\/","og_site_name":"NewsBTC","article_publisher":"https:\/\/www.facebook.com\/newsbtc","article_published_time":"2024-12-20T02:30:23+00:00","article_modified_time":"2024-12-19T12:08:15+00:00","og_image":[{"width":1792,"height":1024,"url":"https:\/\/wncen.com\/wp-content\/uploads\/2024\/12\/Dogecoin-DOGE-Big-Break.jpg?fit=1792%2C1024","type":"image\/jpeg"}],"author":"Scott Matherson","twitter_card":"summary_large_image","twitter_creator":"@https:\/\/twitter.com\/MathersonScott","twitter_site":"@newsbtc","twitter_misc":{"Written by":"Scott Matherson","Est. reading time":"3 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"NewsArticle","@id":"https:\/\/wncen.com\/news\/dogecoin\/dogecoin-trading-volume-rise\/#article","isPartOf":{"@id":"https:\/\/wncen.com\/news\/dogecoin\/dogecoin-trading-volume-rise\/"},"author":{"name":"Scott Matherson","@id":"https:\/\/wncen.com\/#\/schema\/person\/b728e21249a8147d980445b0ee98f18d"},"headline":"Dogecoin Trading Volume Rises Over $6.5 Billion As Liquidations Cross $31 Million, What&#8217;s Going On?","datePublished":"2024-12-20T02:30:23+00:00","dateModified":"2024-12-19T12:08:15+00:00","mainEntityOfPage":{"@id":"https:\/\/wncen.com\/news\/dogecoin\/dogecoin-trading-volume-rise\/"},"wordCount":536,"publisher":{"@id":"https:\/\/wncen.com\/#organization"},"image":{"@id":"https:\/\/wncen.com\/news\/dogecoin\/dogecoin-trading-volume-rise\/#primaryimage"},"thumbnailUrl":"https:\/\/wncen.com\/wp-content\/uploads\/2024\/12\/Dogecoin-DOGE-Big-Break.jpg?fit=1792%2C1024","keywords":["analyst","crypto","crypto analyst","crypto news","doge","DOGE news","Doge price","Dogecoin","Dogecoin news","dogecoin price","dogeusd","dogeusdt"],"articleSection":["Dogecoin"],"inLanguage":"en-US","copyrightYear":"2024","copyrightHolder":{"@id":"https:\/\/wncen.com\/#organization"}},{"@type":"WebPage","@id":"https:\/\/wncen.com\/news\/dogecoin\/dogecoin-trading-volume-rise\/","url":"https:\/\/wncen.com\/news\/dogecoin\/dogecoin-trading-volume-rise\/","name":"Dogecoin Trading Volume Rises Over $6.5 Billion As Liquidations Cross $31 Million, What's Going On?","isPartOf":{"@id":"https:\/\/wncen.com\/#website"},"primaryImageOfPage":{"@id":"https:\/\/wncen.com\/news\/dogecoin\/dogecoin-trading-volume-rise\/#primaryimage"},"image":{"@id":"https:\/\/wncen.com\/news\/dogecoin\/dogecoin-trading-volume-rise\/#primaryimage"},"thumbnailUrl":"https:\/\/wncen.com\/wp-content\/uploads\/2024\/12\/Dogecoin-DOGE-Big-Break.jpg?fit=1792%2C1024","datePublished":"2024-12-20T02:30:23+00:00","dateModified":"2024-12-19T12:08:15+00:00","description":"The Dogecoin trading volume has surged in the last 24 hours, and liquidations have also risen during this period.","breadcrumb":{"@id":"https:\/\/wncen.com\/news\/dogecoin\/dogecoin-trading-volume-rise\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/wncen.com\/news\/dogecoin\/dogecoin-trading-volume-rise\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/wncen.com\/news\/dogecoin\/dogecoin-trading-volume-rise\/#primaryimage","url":"https:\/\/wncen.com\/wp-content\/uploads\/2024\/12\/Dogecoin-DOGE-Big-Break.jpg?fit=1792%2C1024","contentUrl":"https:\/\/wncen.com\/wp-content\/uploads\/2024\/12\/Dogecoin-DOGE-Big-Break.jpg?fit=1792%2C1024","width":1792,"height":1024,"caption":"Dogecoin (DOGE) Eyes Big Break"},{"@type":"BreadcrumbList","@id":"https:\/\/wncen.com\/news\/dogecoin\/dogecoin-trading-volume-rise\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/wncen.com\/"},{"@type":"ListItem","position":2,"name":"Dogecoin Trading Volume Rises Over $6.5 Billion As Liquidations Cross $31 Million, What&#8217;s Going On?"}]},{"@type":"WebSite","@id":"https:\/\/wncen.com\/#website","url":"https:\/\/wncen.com\/","name":"NewsBTC","description":"Bitcoin &amp; Cryptocurrency News Today","publisher":{"@id":"https:\/\/wncen.com\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/wncen.com\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/wncen.com\/#organization","name":"NewsBTC","url":"https:\/\/wncen.com\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/wncen.com\/#\/schema\/logo\/image\/","url":"https:\/\/wncen.com\/wp-content\/uploads\/2020\/06\/logo-min.png?fit=157%2C46","contentUrl":"https:\/\/wncen.com\/wp-content\/uploads\/2020\/06\/logo-min.png?fit=157%2C46","width":157,"height":46,"caption":"NewsBTC"},"image":{"@id":"https:\/\/wncen.com\/#\/schema\/logo\/image\/"},"sameAs":["https:\/\/www.facebook.com\/newsbtc","https:\/\/x.com\/newsbtc","https:\/\/www.youtube.com\/channel\/UC9v9erBEru5y4c3FA0wehEw"]},{"@type":"Person","@id":"https:\/\/wncen.com\/#\/schema\/person\/b728e21249a8147d980445b0ee98f18d","name":"Scott Matherson","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/wncen.com\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/3d21ae3d2529ce2df4466b61ea80b449?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/3d21ae3d2529ce2df4466b61ea80b449?s=96&d=mm&r=g","caption":"Scott Matherson"},"description":"Scott Matherson is a prominent crypto writer at NewsBTC with a knack for capturing the pulse of the market, covering pivotal shifts, technological advancements, and regulatory changes with precision. Having witnessed the evolving landscape of the crypto world firsthand, Scott is able to dissect complex crypto topics and present them in an accessible and engaging manner. Scott's dedication to clarity and accuracy has made him an indispensable asset, helping to demystify the complex world of cryptocurrency for countless readers. Scott\u2019s experience spans a number of industries outside of crypto including banking and investment. He has brought his vast experience from these industries into crypto, which allows him to understand even the most complex topics and break them down in a way that is easy for readers from all works of life to understand. Scott\u2019s pieces have helped to break down cryptocurrency processes and how they work, as well as the underlying groundbreaking technology that makes them so important to everyday life. With years of experience in the crypto market, Scott began to focus on his true passion: writing. During this time, Scott has been able to author countless influential pieces that have drawn in millions of readers and have shaped public opinion across various important topics. His repertoire spans hundreds of articles on various sectors in the crypto industry, including decentralized finance (DeFi), decentralized exchanges (DEXes), Staking, Liquid Staking, emerging technologies, and non-fungible tokens (NFTs), among others. Scott\u2019s influence is not just limited to the countless discussions that his publications have sparked but also as a consultant for major projects in the space. He has consulted on issues ranging from crypto regulations to new technology deployment. Scott\u2019s expertise also spans community building and contributes to a number of causes to further the development of the crypto industry. Scott is an advocate for sustainable practices within the crypto industry and has championed discussions around green blockchain solutions. His ability to keep in line with market trends has made his work a favorite among crypto investors. In his personal life, Scott is an avid traveler and his exposure to the world and various way of life has helped him to understand how important technologies like the blockchain and cryptocurrencies are. This has been key in his understanding of its global impact, as well as his ability to connect socio-economic developments to technological trends around the globe like no one else. Scott is known for his work in community education to help people understand crypto technology and how its existence impacts their lives. He is a well-respected figure in his community, known for his work in helping to enlighten and inspire the next generation as they channel their energies into pressing issues. His work is a testament to his dedication and commitment to education and innovation, as well as the promotion of ethical practices in the rapidly developing world of cryptocurrencies. Scott stands steady in the frontlines of the crypto revolution and is committed to helping to shape a future that promotes the development of technology in an ethical manner that translates to the benefit of all in the society.","sameAs":["https:\/\/x.com\/https:\/\/twitter.com\/MathersonScott"],"url":"https:\/\/wncen.com\/author\/mathersonscott1\/"}]}},"parsely":{"version":"1.1.0","meta":{"@context":"https:\/\/schema.org","@type":"NewsArticle","headline":"Dogecoin Trading Volume Rises Over $6.5 Billion As Liquidations Cross $31 Million, What&#8217;s Going On?","url":"http:\/\/wncen.com\/news\/dogecoin\/dogecoin-trading-volume-rise\/","mainEntityOfPage":{"@type":"WebPage","@id":"http:\/\/wncen.com\/news\/dogecoin\/dogecoin-trading-volume-rise\/"},"thumbnailUrl":"https:\/\/wncen.com\/wp-content\/uploads\/2024\/12\/Dogecoin-DOGE-Big-Break.jpg?resize=200%2C200","image":{"@type":"ImageObject","url":"https:\/\/wncen.com\/wp-content\/uploads\/2024\/12\/Dogecoin-DOGE-Big-Break.jpg?fit=1792%2C1024"},"articleSection":"Dogecoin","author":[{"@type":"Person","name":"Scott Matherson"}],"creator":["Scott Matherson"],"publisher":{"@type":"Organization","name":"NewsBTC","logo":"https:\/\/wncen.com\/wp-content\/uploads\/2020\/06\/cropped-cropped-cropped-favicon.png?w=32"},"keywords":["analyst","crypto","crypto analyst","crypto news","doge","doge news","doge price","dogecoin","dogecoin news","dogecoin price","dogeusd","dogeusdt"],"dateCreated":"2024-12-20T02:30:23Z","datePublished":"2024-12-20T02:30:23Z","dateModified":"2024-12-20T02:30:23Z"},"rendered":"<script type=\"application\/ld+json\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@type\":\"NewsArticle\",\"headline\":\"Dogecoin Trading Volume Rises Over $6.5 Billion As Liquidations Cross $31 Million, What&#8217;s Going On?\",\"url\":\"http:\\\/\\\/wncen.com\\\/news\\\/dogecoin\\\/dogecoin-trading-volume-rise\\\/\",\"mainEntityOfPage\":{\"@type\":\"WebPage\",\"@id\":\"http:\\\/\\\/wncen.com\\\/news\\\/dogecoin\\\/dogecoin-trading-volume-rise\\\/\"},\"thumbnailUrl\":\"https:\\\/\\\/wncen.com\\\/wp-content\\\/uploads\\\/2024\\\/12\\\/Dogecoin-DOGE-Big-Break.jpg?resize=200%2C200\",\"image\":{\"@type\":\"ImageObject\",\"url\":\"https:\\\/\\\/wncen.com\\\/wp-content\\\/uploads\\\/2024\\\/12\\\/Dogecoin-DOGE-Big-Break.jpg?fit=1792%2C1024\"},\"articleSection\":\"Dogecoin\",\"author\":[{\"@type\":\"Person\",\"name\":\"Scott Matherson\"}],\"creator\":[\"Scott Matherson\"],\"publisher\":{\"@type\":\"Organization\",\"name\":\"NewsBTC\",\"logo\":\"https:\\\/\\\/wncen.com\\\/wp-content\\\/uploads\\\/2020\\\/06\\\/cropped-cropped-cropped-favicon.png?w=32\"},\"keywords\":[\"analyst\",\"crypto\",\"crypto analyst\",\"crypto news\",\"doge\",\"doge news\",\"doge price\",\"dogecoin\",\"dogecoin news\",\"dogecoin price\",\"dogeusd\",\"dogeusdt\"],\"dateCreated\":\"2024-12-20T02:30:23Z\",\"datePublished\":\"2024-12-20T02:30:23Z\",\"dateModified\":\"2024-12-20T02:30:23Z\"}<\/script>","tracker_url":"https:\/\/cdn.parsely.com\/keys\/wncen.com\/p.js"},"jetpack_sharing_enabled":true,"jetpack_featured_media_url":"https:\/\/wncen.com\/wp-content\/uploads\/2024\/12\/Dogecoin-DOGE-Big-Break.jpg?fit=1792%2C1024","amp_enabled":true,"_links":{"self":[{"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/posts\/665039","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/users\/594"}],"replies":[{"embeddable":true,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/comments?post=665039"}],"version-history":[{"count":1,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/posts\/665039\/revisions"}],"predecessor-version":[{"id":665117,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/posts\/665039\/revisions\/665117"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/media\/656239"}],"wp:attachment":[{"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/media?parent=665039"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/categories?post=665039"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/tags?post=665039"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}