Dogecoin Plummets to Lowest Price in a Month, Outpacing Bitcoin and XRP Losses

It’s dog days again for Dogecoin.

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The original and most valuable meme coin continued its plunge into Friday, dropping as low as $0.267 per data from CoinGecko. That’s the lowest price seen since November 10, when DOGE was in the earlier stages of a post-election spike that would take it as high as $0.48—a three-year peak.

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Currently at a price of $0.2975, DOGE has fallen 19% over the last 24 hours, pushing its monthly dip to 24%. Other prominent meme coins are showing similar daily dips, with Shiba Inu (SHIB) down 16%, Pepe (PEPE) falling 17%, and Dogwifhat (WIF) declining by 18%.

Solana token Bonk (BONK) is down the least among meme coins in the top 100 cryptocurrencies, with a daily loss of just 9%—due in part to trading platform Robinhood listing the asset for trading on Thursday.

Fartcoin (FARTCOIN), the viral sensation that has picked up steam in recent days, is in the green on Friday. It’s up 8% on the day at a current price of $1.25, placing it just outside the top 100 coins by market cap. It peaked at a new high of $1.29 late Thursday.

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Dogecoin is by far the biggest loser in the top 10 coins as of this writing. Bitcoin has fallen to $95,480, down 7% over the last 24 hours—and just three days after the leading cryptocurrency set a new record price above $108,000.

Ethereum has fallen harder, dipping 10% in the last day to a price of $3,330, with Solana down 10% to $189 and XRP declining by 9% to $2.18.

More than $1.4 billion worth of crypto positions have been liquidated over the last day amid the crypto market decline, per data from CoinGlass, with long positions—or bets that an asset’s price will rise—making up $1.2 billion of the tally.