It’s been a rough few days for crypto prices after several weeks of upward strides, with Dogecoin losing nearly a quarter of its value over the past seven days as the recently surging Bitcoin and XRP mark their own substantial—but less severe—declines.
Dogecoin, the original meme coin and still largest by market cap, is down a current price of $0.31, showing a nearly 5% dip on the day and 23% plunge over the last seven days, per data from CoinGecko.
DOGE had ticked back up to nearly $0.35 early Saturday after plummeting as low as $0.267 on Friday—the lowest price marked in more than a month. However, that rebound faded over the course of the weekend.
The coin is still up 233% over the past year, but has lost substantial momentum since peaking at $0.48 earlier in December. That was a three-year high for Dogecoin.
Meme coins are famously volatile, and other major meme rivals have actually fallen harder than Dogecoin over the last week, with Dogwifhat (WIF) down 32%, and Floki (FLOKI) and
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Author: Andrew Hayward
Tip BTC Newswire with Cryptocurrency