It seems like the recent crypto market crash has hit everyone hard, including our beloved Dogecoin. The meme coin, which has been on a rollercoaster ride lately, saw a steep decline of almost 25% in its value over the past seven days. Despite still being up by 233% compared to last year, DOGE dipped to its lowest point in over a month on Friday, dropping to $0.267 before briefly recovering to around $0.35 on Saturday.
Unfortunately, that rebound didn’t last long, and Dogecoin is currently trading at $0.31. Other meme coins like WIF, FLOKI, and PEPE have also experienced significant losses, with some even faring worse than DOGE. Bitcoin and XRP haven’t escaped unscathed either; they’ve seen dips of about 12% and 9%, respectively, in the past week.
The good news is that no other coin in the top 10 cryptocurrencies by market cap has fallen harder than DOGE this week. While it’s never fun to see our favorite coins take a hit, let’s remember that crypto is known for its volatility and try to stay calm and focused during these times.
Source
As per reported by decrypt.co
