Dogecoin Plummets 17% In A Week: What Is Going On?
Posted On January 13, 2025
Dogecoin (CRYPTO: DOGE) opens the week down 6% after dropping 17% over the past seven days, with traders voicing only muted optimism for its future.
| Cryptocurrency | Price | Market Cap | 24-Hour Trend | 7-Day Trend |
| Dogecoin (CRYPTO: DOGE) | $0.3175 | $46.9 billion | -6.2% | -17.5% |
| Shiba Inu (CRYPTO: SHIB) | $0.00002017 | $11.9 billion | -7.1% | -16% |
| Pepe (CRYPTO: PEPE) | $0.00001616 | $6.8 billion | -9.1% | -21.9% |
Trader Notes: Crypto trader Cephii observed Dogecoin’s performance relative to Solana (CRYPTO: SOL), calling it the “meme coin vs. the chain of infinite meme coins.”
He argues that Dogecoin might be the best buy among fragmented liquidity in Layer-1s, Layer-2s and meme coins.
Altcoin Sherpa suggests Dogecoin could deliver …
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