𝗗𝗼𝗴𝗲𝗰𝗼𝗶𝗻 𝗗𝗼𝘄𝗻 19% 𝗦𝗶𝗻𝗰𝗲 𝗛𝗶𝘁𝘁𝗶𝗻𝗴 3-𝗬𝗲𝗮𝗿 𝗛𝗶𝗴𝗵—𝗗𝗲𝘀𝗽𝗶𝘁𝗲 𝗕𝗶𝘁𝗰𝗼𝗶𝗻 𝗥𝗲𝗯𝗼𝘂𝗻𝗱
𝐸𝑣𝑒𝑛 𝑤𝑖𝑡𝒉 𝐵𝑖𝑡𝑐𝑜𝑖𝑛 𝑢𝑝 𝑜𝑛 𝑡𝒉𝑒 𝑤𝑒𝑒𝑘, 𝐷𝑜𝑔𝑒𝑐𝑜𝑖𝑛 𝑖𝑠 𝑡𝒉𝑒 𝑏𝑖𝑔𝑔𝑒𝑠𝑡 𝑙𝑜𝑠𝑒𝑟 𝑖𝑛 𝑡𝒉𝑒 𝑡𝑜𝑝 10 𝑐𝑟𝑦𝑝𝑡𝑜𝑐𝑢𝑟𝑟𝑒𝑛𝑐𝑖𝑒𝑠—𝑎𝑛𝑑 𝑜𝑡𝒉𝑒𝑟 𝑚𝑒𝑚𝑒 𝑐𝑜𝑖𝑛𝑠 𝑎𝑟𝑒 𝑑𝑜𝑤𝑛 𝑏𝑎𝑑 𝑡𝑜𝑜.
The crypto markets have seen intense volatility since Bitcoin broke through the $100,000 mark for the first time on December 4, with multiple plunges that have sent shockwaves that sank other assets—and piled up liquidations in the process.
But while Bitcoin has mostly rebounded from the sizable dips, Dogecoin has lost considerable steam over the last week since popping to a high of $0.48 for the first time since 2021.
At a current price just below $0.39, Dogecoin is down nearly 19% since that peak seen late on December 7. And over the last seven days, including data from the hours before that recent high, DOGE is down 15%.
That makes it the biggest loser among the top 10 cryptocurrencies by market cap, outpacing Cardano with a 13% dip during that span, and Solana with a 10% correction. Bitcoin is the only asset in the top 10 that's green on the week, up 0.7% as of this writing at a current price of $100,995.
Looking beyond the top 10, other leading meme coins in the top 100 cryptocurrencies have posted even sharper losses over the last week.
Dogwifhat (WIF) is the biggest loser in the top 100, down 28% during that span, while Bonk (BONK) has fallen 23%, Brett (BRETT) is down 22%, and Shiba Inu (SHIB) has matched the DOGE dip at 15%.
Overall, the crypto market has fallen by 3% over the last 24 hours, per data from CoinGecko.