Why Is Dogecoin Failing To Keep Pace With Other Cryptocurrencies Today? – Dogecoin – United States Dollar ($DOGE)

Dogecoin (CRYPTO: DOGE) It traded down 0.69% at $0.15 in the 24 hours to early Monday morning.

What is moving? The DOGE fell 11.6% over a subsequent seven-day period.

Crypto meme is down 0.9% and 1.8% against Bitcoin (BTC) and Ethereum (ETH) respectively within 24 hours.

The DOGE rate is down 9.2% in a 30-day period, while it is down 33% in the last 90 days. Since the beginning of 2022, DOGE has lost 12.2% of its value.

See also: How to buy Dogecoin (DOGE)

Why are you moving? DOGE has moved in contrast to the other major coins which are trading in the green at press time as the global cryptocurrency market cap is up 0.7% to $1.98 trillion at the time of writing.

DOGE is not included in the “Top 10 Signals” on Twitter’s list compiled by Cointrendz.

The three most-mentioned coins on the list, Bitcoin, Shiba Inu and Ethereum, attracted 9,954, 5,908 and 4,878 tweets, respectively.

Fear continues to dominate the sentiment in the cryptocurrency market, with at least one analyst believing that Bitcoin is still vulnerable to a breach of the $40,000 level and “could get ugly” if ETH breaches the $3,000 level.

The DOGE has fallen below 15 cents three times since Dec. 4, and each time has bounced back from the level, an indication that bulls are buying the dips, Benzinga’s Melanie Schaeffer wrote on Friday.

CO-CREATE DOGE Billy Marcus On Sunday, he said that the focus of the community surrounding the coin was the coin’s current price, creating a temporary buzz and drama – it was worth $0. Instead, the developer said the focus should be on more constructive activities.

Recently, Robinhood published an FAQ page for their crypto wallets. Twitter handler “Mishaboar” directed by DOGE noted that the main meals include a withdrawal limit of $3,000 per day. The need for two-factor authentication and no additional commissions for on-chain transactions.

Meanwhile, authorities in the Indian state of Maharashtra have arrested an unidentified person who threatened to hack a private financial company and demanded 116.3 million rupees ($1.56 million) in DOGE as ransom, according to “The Print”, an India-based online news portal.

read the following: Dogecoin co-founder Billy Marcus responds to Mozilla’s decision to halt donations via crypto, calls internet outrage ‘hypocrisy and stupid’