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Why Dogecoin Is Inching Higher Today

TheMotleyFool

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Dogecoin (CRYPTO: DOGE) stock is seeing modest gains in Monday's trading. The cryptocurrency's token price was up 0.4% over the previous 24 hours of trading as of 5:30 p.m. ET. Meanwhile, Bitcoin was down 0.7% and Ethereum was up roughly 0.4%.

After a huge run-up in valuations for altcoins in the previous week of trading, the cryptocurrency market is seeing a day of relative calm today. Dogecoin has barely climbed over the last day of trading, but it's still up approximately 36% over the last seven days.

Image source: Getty Images.

Source Fool.com

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