Why Is Dogecoin Falling Below 9 Cents? The Meme Segment Carries Only 3.9 Percent of the Altcoin Market
Select what genuinely interests you. Your picks feed directly into our editorial planning. The Dogecoin price stands at $0.0886 on Wednesday evening, below the nine-cent mark for the first time in days. In euros that is €0.0791. The day's low was $0.0880, the day's high $0.0940. Over 24 hours DOGE is down 5.4 percent, over seven days 5.9 percent. The more important number, however, is not in the price but beside it: the entire meme segment has melted down to $33.2 billion and now carries only 3.9 percent of the altcoin market. For you as an investor, what hangs on it is whether the levels at $0.0871 and $0.0828 hold or whether the market takes the next step down.