Dogecoin's Market Performance: Dogecoin (DOGE) has seen a 10% increase this week, outperforming larger cryptocurrencies like Bitcoin and XRP, with a 2% rise in the last 24 hours amid a broader cryptocurrency market rally.
Futures and Technical Indicators: Speculative buying has increased, as indicated by a 1.91% rise in DOGE futures open interest. Technical analysis shows mixed signals, with a "Buy" signal from the TD Sequential indicator and a "Sell" signal from the Bull Bear Power indicator.
ETF Inflows: The newly launched Grayscale Dogecoin Trust ETF and Bitwise Dogecoin ETF have attracted a total of $2.85 million in inflows, with $177,250 in net inflows reported as of December 3.
Current Price Action: As of the latest data, DOGE is trading at $0.1510, reflecting a 2.37% increase in the last 24 hours, while the Grayscale ETF and Bitwise ETF also reported gains during the trading session.
Wall Street analysts forecast BWOW stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for BWOW is USD with a low forecast of USD and a high forecast of USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
0 Analyst Rating
Wall Street analysts forecast BWOW stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for BWOW is USD with a low forecast of USD and a high forecast of USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
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0 Sell
Current: 20.368
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Current: 20.368
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About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
