As technology companies plunge, bringing Cryptocurrency and the blockchain industry with them, one big gold took one of the hardest strikes on Monday: Dogecoin.
The O. G. image gold and Elon Musk favorite’s rate dropped below$ 0.31 on Monday, the lowest level for DOGE so far in 2025. Dogecoin’s price now stands at$ 0.33 per coin, after a 24-hour dip of just under 5 %, CoinGecko shows.
Dogecoin is currently one of the biggest losers among the largest cash and cryptocurrencies by business cover. Only Solana and Cardano have fallen harder among the top 10 cryptocurrencies, with SOL down by 6 % and Cardano ( ADA ) falling 5 %.
Elsewhere in the top 100 coins, the biggest losers include Pudgy Penguins ( PENGU) with a 16 % plunge alongside the launch of its parent company’s new Ethereum layer-2 network Abstract, as well as Solana Swap ( SOS ) with its own 16 % fall and notable meme coin Pepe with a 10 % decline.
The standard image penny TRUMP by Donald Trump also fell on Monday, along with the host network’s Solana. The lowest price a coin has ever registered on the market was just under$ 25 per coin on Monday, but it has since recovered to$ 27.30, down more than 2 % on the day.
Meme coins, highly theoretical cryptocurrencies based on popular culture or quips, frequently experience the most jitter when Bitcoin fails, which was once again the situation on Monday.
Dogecoin, which gained a cult following in 2020 when the businessman boss of Tesla and SpaceX said he liked the cryptocurrency, is also up significantly over the past year, having jumped by 312 %.
After Foreign artificial intelligence company DeepSeek released a new open-source big language model over the weekend, the majority of the crypto market is currently in the red.
Because the new Taiwanese product used less resources to produce a tool of comparable quality, tech investors appeared to be quick to offer their stakes in British AI-related companies.
In the U.S., crypto and stocks have mostly traded in combination, especially since both are regarded as “risk-on” assets that are prone to significant price swings.
Bitcoin is now trading for$ 101, 370 after dropping by about 3 % over the past day. This time next year, it hit a fresh all-time great of$ 108, 786.
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