It’s another dog day for Dogecoin.
The original and most valuable meme coin continued its decline on Friday, dropping to $0.267 per data from CoinGecko. This is the lowest price since November 10, when DOGE was in the early stages of its post-election rally, when it hit a high of $0.48, a three-year high.
Currently, DOGE price is $0.2975, down 19% in the past 24 hours, bringing the monthly decline rate to 24%. Other prominent meme coins showed similar daily declines, with Shiba Inu (SHIB) down 16%, Pepe (PEPE) down 17%, and Dogwifat (WIF) down 18%.
Solana Token Bonk (BONK) has had the lowest decline rate among the top 100 meme coins, with a daily loss of just 9%, as trading platform Robinhood listed the asset for trading on Thursday. That's also one reason.
FARTCOIN, which has been rapidly gaining momentum in recent days, was on the rise on Friday. The current price is $1.25, up 8% on the day and placing it just outside the top 100 coins by market capitalization. It hit a high of $1.29 late Thursday.
As of this writing, Dogecoin is the biggest loser among the top 10 coins. Bitcoin fell 7% in the past 24 hours, dropping to $95,480. This comes just three days after the leading cryptocurrency set a new record of over $108,000.
Ethereum’s decline got even steeper, with its price falling 10% to $3,330 the previous day, Solana dropping 10% to $189, and XRP dropping 9% to $2.18.
More than $1.4 billion in crypto positions were liquidated in the past day amid the crypto market selloff, with long positions, or bets that asset prices will rise, accounting for $1.2 billion, according to data from CoinGlass. There is.
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