+

Total Market Cap: $2.340T

24h Volume: $31.190B

BTC Dominance: 68.46%

Global Market Sentiment: 29

Average Market Correlation: 0.51

The Average Correlation of all crypto pairs. An Average Market Correlation close to 1 indicates that all crypto pairs are moving in the same direction. Such a situation can be observed during a significant market crash.
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CoinRisk
Beta

Dogecoin

DOGE
Rank #6
$0.1576

-0.14%

Low:
$0.1493
High:
$0.1582
(24h)
Volume 24h
$904,129,376
-43.04%
Circulating Supply
148,784,186,384 DOGE
Total Supply
ISSUE TO SOLVE
Max Supply
N.A
Market Cap
$23,378,715,585
Fully Diluted Market Cap
N.A
Indicators
Volatility
Annualized Volatility of the Daily Returns, over the last month.
74.87%
Market Correlation
Correlation Coefficient between crypto Daily Returns and the Total Crypto Markets Daily returns, over the last month.
0.56
Beta
The Beta coefficient is a measure of a crypto volatility and direction in comparison to the volatility and direction of the overall market. A positive Beta greater than 1 indicates that the crypto is more volatile than the market, while a beta less than 1 means it is less volatile.
0.571
Market Dominance
1.00%
ATL/ATH
$0.00/$0.56
Relative Strength Index
The Relative Strength Index (RSI) is an indicator that measures the rate of price changes by comparing the extent of recent gains to recent losses. It scales from 0 to 100 and is used to determine potential turning points in price behavior. A reading above 70 indicates that an asset may be due for a decrease in price, while a reading below 30 suggests a potential increase in price. The RSI calculated here is based on Daily returns over the last month.
40
Information for Dogecoin
Last News related to Dogecoin
What is Dogecoin ?

Overview

Ripple (XRP) is both a digital payment protocol and a cryptocurrency, created by Ripple Labs Inc. in 2012. Unlike traditional cryptocurrencies, Ripple is designed primarily for seamless, real-time global payments and currency exchanges. XRP, the native cryptocurrency, acts as a bridge currency in the Ripple network, facilitating transactions between different fiat currencies and cryptocurrencies. Ripple aims to improve the speed, cost, and reliability of cross-border payments, making it a popular choice for financial institutions and payment providers.

Utility

XRP is used within the Ripple network to facilitate cross-border transactions and provide liquidity. It acts as a bridge currency, enabling quick and efficient exchanges between different currencies. XRP can also be used for microtransactions, remittances, and as a means of transferring value on the Ripple network. Ripple's technology is utilized by banks and financial institutions to streamline international payments, reduce costs, and improve transaction speed, making XRP a crucial component of the Ripple ecosystem.

Security

Ripple uses a consensus algorithm called the Ripple Protocol Consensus Algorithm (RPCA), which differs from traditional PoW and PoS mechanisms. In RPCA, validators work together to agree on the order and validity of transactions. This consensus process is fast and energy-efficient, allowing for high throughput and low latency. Ripple's network security is further enhanced by its unique architecture, which includes a decentralized network of validators that maintain the integrity and reliability of the system.

Supply data provided by CoinGecko API
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