Bitcoin and XRP Sturding After Floods: Dogecoin Down 23 % This Week

After several months of steady gains, Dogecoin lost nearly a quarter of its price over the past seven times as the recently surged Bitcoin and XRP mark their individual significant—but less severe ) declines.

Dogecoin, the original meme coin and still largest by market cap, is down a current price of$ 0.31, showing a nearly 5 % dip on the day and 23 % plunge over the last seven days, per data from CoinGecko.

The lowest rate for the previous month was$ 0$ 267, which was the lowest point for the day. But, that rise faded over the course of the trip.

The coin is still up 233 % over the past year, but has lost substantial momentum since peaking at$ 0.48 earlier in December. That was a three-year great for Dogecoin.

Meme coins are famously volatile, and other major meme rivals have actually fallen harder than Dogecoin over the last week, with Dogwifhat ( WIF ) down 32 %, and Floki ( FLOKI ) and Pepe ( PEPE ) falling 27 %. Shiba Inu ( SHIB ) has mirrored Dogecoin’s losses with a 23 % dip this week.

Bitcoin, meanwhile, is showing a more than 7 % dip this week at a current price of$ 95, 140, though it has plunged by 12 % in the last five days since hitting a new all-time high mark above$ 108, 000. XRP has fallen by 9 % in the last week to$ 2.21, down substantially since hitting a seven-year peak of$ 2.82 earlier this month.

Dogecoin is the only cryptocurrencies in the top 10 by market cap to fall more strongly than Dogecoin this week: Ethereum is down 16 %, Solana is down 18 %, and Cardano has lost 19 % of its value over that time.