Dogecoin’s Decline: Falling Demand and Market Caution Mark a Shift
Dogecoin (DOGE), once a shining star among meme cryptocurrencies, witnessed a notable setback. Its value has declined nearly 4% over
Memes are everywhere, and it is no exception to the crypto industry. Cryptocurrencies that originate from viral jokes on the internet are collectively called meme coins. Dogecoin was the first meme coin that stepped into the payment system when two engineers decided to make some jokes in the blockchain world.
Just in a decade, thousands of meme coins have sprouted out. It would be surprising to notice that the price movements of meme coins are often associated with the market narratives surrounding them. Humor, FOMO, and more are what drives the value of meme coins, making them highly volatile.
Hear the sound of memes by following closely from CryptoTale. Find all the interesting updates and stories about prominent meme coins here.
Dogecoin (DOGE), once a shining star among meme cryptocurrencies, witnessed a notable setback. Its value has declined nearly 4% over
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