DODO Cryptocurrency is currently on bearish momentum by 12.54% in the last 6 hours. At 02:46 EST on Wednesday, 28 April, DODO is at $3.27.
Currently, DODO has 66371 Twitter followers and 853 Reddit subscribers.
DODO’s last week, last month’s, and last quarter’s current volatility was 4.34%, 4.34%, and 4.34%, respectively.
DODO’s current volatility rank, which measures how volatile a financial asset is (variation between the lowest and highest value in a period), was 4.34% (last week), 4.34% (last month), and 4.34% (last quarter), respectively.
Crypto Price Classification
According to the stochastic oscillator, a useful indicator of overbought and oversold conditions, DODO’s crypto is considered to be oversold (<=20).
News about Bitcoin
Bitcoin climbs 8% as cryptocurrency market attempts a comeback from last week's plunge. According to CNBC on Monday, 26 April, "LONDON – Bitcoin prices roared back on Monday as the cryptocurrency market attempted to recover from a broad sell-off last week."
Nexon joins Tesla in Bitcoin bet with $100 million purchase. According to Bloomberg Quint on Wednesday, 28 April, "In the current economic environment, we believe Bitcoin offers long-term stability and liquidity while maintaining the value of our cash for future investments.", "Nexon said it intended to guard itself against a potential drop in the value of non-digital currencies in case of inflation, with Mahoney seeing Bitcoin as a "form of cash likely to retain its value, even if it is not yet widely-recognized as such."
Bitcoin gains after Tesla renews commitment to cryptocurrency. According to Bloomberg Quint on Monday, 26 April, "It is our intent to hold what we have long-term and continue to accumulate Bitcoin from transactions from our customers as they purchase vehicles.", "That surprise announcement helped increase the legitimacy of Bitcoin and spurred a rally in its value."
Tesla killed it on Bitcoin (and also sells cars). According to Bloomberg Quint on Monday, 26 April, "Now, selling Bitcoin for a profit isn’t a bad thing on its face; better than making a loss, after all. ", "Yet the Bitcoin gain helps to draw attention to the core issue here: elusive operating leverage."
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