Dogecoin has fallen below $0.20 for the first time in months, losing more than 11% in the past 24 hours. At its lowest, the coin was priced at $0.201, which is 43% lower than a month ago and 72% below its 2021 peak of $0.73.
The overall decline has affected the entire crypto market: Bitcoin has lost 8.3%, and Ethereum – 10.1%. Meme coins have also come under pressure – Solana-based tokens like Bonk and TRUMP have dropped more than 14% in a week, while Ethereum-based Pepe has also seen a significant decline.
Fartcoin, which previously reached a market cap of $2.4 billion, has lost nearly 90% of its value and is now trading at $0.29, falling out of the top 200 cryptocurrencies by market cap. The total market capitalization of cryptocurrencies has decreased by 8.8%, falling below $3 trillion.
At the same time, some tokens have shown positive dynamics – Popcat has risen by 1%, and Peanut the Squirrel by 5%. However, the overall trend remains downward: Dogecoin contract liquidations have reached $32.37 million, while TRUMP has seen $11.39 million in losses.
The market remains unstable, and investors continue to exercise caution amid high volatility, especially in the meme coin sector.