Why Is Dogecoin Crashing Today?
Dogecoin (CRYPTO: DOGE) traded 12.4% lower at $0.24 in the early hours of Monday.
What’s Moving? The meme cryptocurrency was in the green by 15.06% for the week.
See Also: How To Buy Dogecoin (DOGE)
Against Bitcoin (CRYPTO: BTC) and Ethereum (CRYPTO: ETH), DOGE moved 9.37% and 5.21% lower, respectively, over 24 hours.
Since the year began, DOGE has soared 4,068.67%.
Why Is It Moving? DOGE moved in tandem with other major cryptocurrencies into the red after the weekend rally lost steam.
Even so, the social momentum for the Shiba Inu-themed continued to be strong as DOGE was the second most mentioned cryptocurrency after BTC on Twitter Inc’s (NYSE:TWTR) platform, as per Cointrendz data.
Meanwhile, Doge-themed products continue to be ever popular as well.
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