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Pepe (PEPE) Breaks Trends, Dogecoin (DOGE) Loses 10% in Seven Days
The cryptocurrency market has been witnessing a tumultuous ride lately. Unfortunately, the situation is not looking up for Dogecoin (DOGE) bulls. As of now, it appears that the majority of indicators are suggesting that things might only get worse.
Dogecoin’s price dropped below $0.15 this week, effectively erasing all gains since mid-October 2024. This significant dip has led to a stark reality: Dogecoin (DOGE) is no longer the seventh-largest altcoin by market capitalization. In its place stands Cardano (ADA).
Furthermore, there’s a high possibility that Tron (TRX) could surpass DOGE in the top 10 rankings as well.
It appears that the once-popular meme coin, Dogecoin (DOGE), has lost its momentum and is struggling to regain it. This downward trend could continue if it fails to find support from investors or undergo significant changes.
The decline in the market sentiment surrounding DOGE has also led to a drop of over 10% in just seven days.
Despite the gloomy outlook, one meme coin stands out for defying expectations – Pepe (PEPE). While other meme cryptos like DOGE are struggling, PEPE seems to be bucking the trend.
Source: https://u.today/pepe-pepe-meme-coin-becomes-only-meme-crypto-in-red
