Dogecoin is slowing down—at least for now—following a week of enormous gains.
While other long-standing canine coins are down, there’s a new dog-themed token that’s picking up where DOGE left off, catapulting up the charts this week.
The seventh biggest cryptocurrency by market cap is now trading for $0.38 per coin, CoinGecko data shows. That’s a 0.5% drop over 24 hours and a drop of 2.5% since last Wednesday.
Granted, that’s a modest dip for a particularly volatile coin, but it’s also a dramatic shift from the last week of action.
Just over a week ago, Dogecoin touched a three-year high price of $0.43 and returned to the $0.40 mark on Tuesday amid another Bitcoin all-time high push, but the last week has felt quiet compared to what had come before.
Shiba Inu (SHIB), Bonk (BONK), and Dogwifhat (WIF) are also down on the day, with only BONK among those still in the green over the last seven days.
Floki (FLOKI), however, is standing on its hind legs, up about 15% on the week following a <
Go to Source to See Full Article
Author: Andrew Hayward,Mathew Di Salvo
