Dogecoin (CRYPTO:DOGE) is trading down about 15% at nearly $0.22 as of 10:30 a.m. EDT. With its price down close to $0.20, the cryptocurrency is a long way from the $1 level many believers were hoping for as the price skyrocketed over the first several months of 2021. So what.
Dogecoin Headed To 5 Cents After Losing Crucial Support Level And Even Elon Musk Can't Save It, Says Bitcoin Bull
Pseudonymous cryptocurrency analyst Tyler Durden said on social media that even Tesla Inc (NASDAQ:TSLA) CEO Elon Musk cannot save Dogecoin (CRYPTO: DOGE) from hitting a “programmed” 0.05 level. What Happened: Durden, a known Bitcoin bull, posted a chart on Twitter and claimed that Musk’s tweets could not rescue the meme...
Mysterious dogecoin whale sees holdings value plummet by 67% from peak, to $8 billion, amid crypto meltdown
Despite the 70% decline in dogecoin since its peak in early May, the cryptocurrency is up 4,508% year-to-date.