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Dogecoin price rises 15% as the cryptocurrency market recovers

After falling for two straight days, the global cryptocurrency market saw a significant bounce on Saturday morning.

Over the past day, the total market cap has increased by more than 2%. It is currently $842 billion. The 24-hour trade volume has decreased by about 20% to $38.2 billion in the meantime.

The price of Dogecoin increased by 15% over the previous day. At the time of publication, DOGE was trading for an average price of $0.09. Its $1.29 billion 24 hour trading volume has increased by 264%. 

With a market valuation of $12.3 billion, Dogecoin snuck into the top 10 list of cryptocurrencies.

Crypto products and NFTs are unregulated and can be highly risky. There may be no regulatory recourse for any loss from such transactions. Crypto is not a legal tender and is subject to market risks. Readers are advised to seek expert advice and read offer document(s) along with related important literature on the subject carefully before making any kind of investment whatsoever. Crypto market predictions are speculative and any investment made shall be at the sole cost and risk of the readers.