Dogecoin Dips Near 2025 Low Price as Bitcoin Slides Below $95K – Decrypt

Did Dogecoin have that day? The OG Meme Coin has sunk to its lowest in three weeks, roughly in line with the 2025 process being nearly low.

According to Coingecko, Elon Musk's favorite cryptocurrency price has now reached $0.225 per coin after a 24-hour DIP of 7%. It was previously soaked low as $0.2239, and this year's low mark approached the $0.2237 set in February.

Doge is currently one of the worst top digital assets near the top of the chart. Zoomed out further and over 7 days, Dogecoin was soaked by nearly 16%.

Dogecoin was flying a few months ago after Elon Musk, the richest man in the world, began talking about coins again. The coin reached a three-year high of $0.48 in December, but has since dropped significantly.

Cryptocurrency is the eighth largest digital coin by market capitalization, and its value has originally surged after Tesla CEO began pumping coins on Twitter during the Covid-19 pandemic.

Musk currently runs a US government department tasked with reducing the efficiency of government, the cryptocurrency ticker, or costs, named after Doge.

Traders betting on future price actions of coins are also not bullish: Coinglas data show Coin's open interest is just over $2.16 billion. This year is the lowest level ever.

The whole meme coin market was a huge hit, Coingecko showAlmost all digital tokens are red.

Meme coins and tokens (some of the most volatile cryptocurrencies in the already volatile space) have recently received bad wraps. .

Since then, the president of the South American country has been subject to fraud charges.

Elsewhere, Solana, the sixth largest digital asset, fell sharply than Doge, dipping more than 8% in 24 hours to a price of around $154.

Meanwhile, Bitcoin has dropped by 1% in the past day, with a price of $94,557.

Edited by Andrew Hayward