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

It’s dog days again for Dogecoin.

The original and most valuable meme coin continued its plunge on Friday, falling to a low of $0.267 as of data Coin gecko. That’s the lowest price since Nov. 10, when DOGE was in the early stages of a post-election peak that would reach $0.48 — a three-year peak.

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

Solana token Bonk (BONK) is the least ranked among the meme coins in the top 100 cryptocurrencies, with a daily loss of just 9%, partly because trading platform Robinhood listed the asset on Thursday.

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

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

Ethereum has fallen harder, falling 10% over the day to a price of $3,330, with Solana down 10% to $189 and XRP down 9% to $2.18.

According to data from MintGlasswith long positions – or bets that the price of an asset will rise – making up $1.2 billion of the total.