Dogecoin Is the Biggest Top 10 Loser in the Last 24 Hours -Breaking
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Dogecoin was the top 10 most lost person in the past 24 hours- Over 10% has been lost in the 10th most valuable crypto currency (DOGE) within 24 hours.
- Doge’s price has dropped to $0.1407, and it has also fallen against (BTC and (ETH).
- It seems that the hype around Elon’s Twitter (NYSE:) acquisition has quietened down in the last 24 hours.
CoinMarketCap reports that Dogecoin (DOGE) is the 10th most valuable crypto coin according to market cap. It has dropped more than 10% within 24 hours.
Doge has dropped to $0.1407. DOGE has declined against the dollar and has fallen against Bitcoin (BTC), and Ethereum (ETH). DOGE declined 6.7% against BTC, and 6.57% towards ETH.
Although the drop-in price in the last 24 hours is a trend that is repeated across all of the top 10 cryptocurrencies, DOGE had built up hype around it following Elon Musk’s announcement that he was interested in purchasing Twitter. The price of DOGE spiked yesterday following the confirmation that Twitter’s board unanimously accepted Musk’s buyout order.
The news around Musk’s Twitter acquisition saw the coin trending according to CoinMarketCap’s trending projects list, and is still included in the list. It is currently the sixth most popular project.
Despite being the talk-of-the-town, DOGE has gone from being the biggest gainer of CoinMarketCap’s top 10 list yesterday to being the biggest loser today. It seems that the hype around Elon’s Twitter acquisition has quietened down in the last 24 hours as the crypto community moves on and looks for the next big trade opportunity.
A sign that DOGE is quieting down is its daily trading volume, which dropped 32% to approximately $4.022,785,733 over the past 24 hours. The market cap of DOGE is also down following the decrease in the coin’s price. DoGE’s market capitalization is approximately $18,729292,292,987
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