Dogecoin slid roughly 7% in a short move, slipping from about $0.137 to $0.127. The decline underscores ongoing volatility in the meme coin space as investors reassess risk within the broader crypto market.
Meme coins broadly underperformed the wider cryptocurrency market, failing to gain traction despite overall market chatter. Trading activity appeared muted as participants awaited fresh catalysts, keeping price action range-bound.
As meme-driven assets struggle to keep pace, traders remain focused on macro cues and potential developments that could shift momentum in the coming sessions. Analysts say liquidity conditions and sentiment remain key drivers for meme tokens while larger coins show more resilience.
Leave a Reply