Dogecoin Drops 7% Despite Major Strategic Partnership: What’s Happening?
Posted On February 24, 2025
Despite a strategic five-year partnership aimed at increasing Dogecoin’s (CRYPTO: DOGE) adoption, DOGE is down 7% as network activity slows.
Cryptocurrency | Price | Market Cap | 24-Hour Trend | 7-Day Trend |
Dogecoin (CRYPTO: DOGE) | $0.2262 | $33.5 billion | -7% | -15% |
Shiba Inu (CRYPTO: SHIB) | $0.00001447 | $8.5 billion | -6.6% | -10.5% |
Pepe (CRYPTO: PEPE) | $0.058697 | $3.7 billion | -6.8% | -17.6% |
Trader Notes: In an X post on Monday, Trader Tardigrade remains optimistic, noting that Dogecoin is nearing the completion of its fourth falling wedge pattern—a historically bullish setup.
The past breakouts from similar patterns resulted in a first gain of 88%, while the second one marked a 208% increase and the third one caused a 445% …