Dogecoin Down 23% This Week as Bitcoin and XRP Stumble After Surges

CN
Decrypt
關注
11 小時前

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 Pepe (PEPE) falling 27%. Shiba Inu (SHIB) has mirrored Dogecoin's losses with a 23% dip this week.


Bitcoin, meanwhile, is showing a more than 7% dip this week at a current price of $95,140, though it has plunged by 12% in the last five days since hitting a new all-time high mark above $108,000. XRP has fallen by 9% in the last week to $2.21, down substantially since hitting a seven-year peak of $2.82 earlier this month.


No coin in the top 10 cryptocurrencies by market cap has fallen harder than Dogecoin this week, but a couple other contenders are close: Ethereum is down 16%, Solana has plunged 18%, and Cardano has shed 19% of its value during that span.


免责声明:本文章仅代表作者个人观点,不代表本平台的立场和观点。本文章仅供信息分享,不构成对任何人的任何投资建议。用户与作者之间的任何争议,与本平台无关。如网页中刊载的文章或图片涉及侵权,请提供相关的权利证明和身份证明发送邮件到support@aicoin.com,本平台相关工作人员将会进行核查。

分享至:
APP下載

X

Telegram

Facebook

Reddit

複製鏈接