Dogecoin It's having a rough day, with the leading meme coin down 10% in the past 24 hours amid... Market decline This came in the wake of conflicting US economic reports released earlier on Tuesday.
But while DOGE is the biggest loser among the top 10 cryptocurrencies by market cap, it outperforms heavyweights like Bitcoin, Ethereumand Solana On this front, other major meme currencies are faring worse as of this writing.
Coins based on Solana Bonk (BONK) and Dogwifhat (WIF) are down approximately 11% as of this writing, while they have recently declined AI16Z noisy AI agent meme coin It's down about 15% today.
Likewise, Floki (FLOKI), Brett (BRETT), and Gigachad (GIGA) are all down ~11% over the past day, although the SPX6900 is down ~14%, and Popcat (POPCAT) is down ~16% as of writing this The lines.
Only one meme coin in the top 250 cryptocurrencies by market cap has appeared in the green over the past day: Akuma Inu, a dog-shaped token on Ethereum. The network base is second layerwhich rose 55% during the day amid a weekly rise of 264%.
Dogecoin's price is currently around $0.35, down 10% on the day. However, it has remained up 11% over the past week, thanks to a huge rally in the first days of the month that brought the original meme coin to a price of around $0.40.
Galaxy Digital said last week that it expects Dogecoin to do just that Hit $1.00 first in 2025, surpassing its previous all-time high of $0.73 from 2021 — although Tuesday's price drop takes DOGE further away from that target.
Meme coins are known to be volatile, although higher value coins are less likely to be so It drops to zero without warningHowever, they still tend to fluctuate more strongly than major currencies like Bitcoin or Ethereum. For example, Bitcoin is down almost 5% today, but Dogecoin and other cryptocurrencies are down by twice as much.
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