Dogecoin is falling hard today, but his mascot dog is fast asleep

Dogecoin DOGE / USD traded 3.6% lower at $ 0.12 24 hours before the start of Monday.

DOGE traded lower along with other major coins as the global market capitalization of cryptocurrencies fell 3.5% to $ 1.5 trillion.

Dogecoin price performance
Timeframe % change (+/-)
24 hours -3.6%
24 hours against Bitcoin 0%
24 hours against Ethereum 0.9%
7 days -8.9%
30 days -15%

Performance from the beginning of the year

-30%

See also: How to get free cryptocurrency

DOGE factors

  • DOGE was not among the most frequently mentioned coins on Twitter at the time of printing, according to Cointrendz.
  • The 24-hour trading volume for DOGE fell 19% to $ 668.02 million, according to CoinMarketCap.
  • Coinglass data showed that $ 2.81 million worth of DOGE futures were liquidated in the previous 24 hours as the meme coin fell out.

Nerves among traders, investors

Cryptocurrency traders and investors are showing fear as the mood of traders has fallen to a six-week low, according to the Santiment market information platform. Alternative.me’s index “Crypto Fear & Greed” flashed “Extreme Fear” at the beginning of a new trading week.

Bezos follows DOGE’s co-creator

Over the weekend, Amazon.com, Inc. AMZN CEO Jeff Bezos caused excitement by following the DOGE co-creator Billy Markus. The move is significant as Bezos only follows 74 people on Twitter. The Amazon Chair has 4.1 million followers on the platform. Markus has a follower of 1.5 million inclusive Tesla Inc. TSLA CEO Elon Musk.

Bitcoin Potshots are still coming

Marcus once again hit Bitcoin investors by saying that if they had invested $ 100 under their mattress 6 months ago, they would still have $ 100, but if they had invested the same money in Bitcoin, they would only have $ 50.

Since the beginning of the year, BTC has fallen 29.8%, while last week alone it fell 13.6%. DOGE fell 27.1% from a year earlier and 8.2% last week.

DOGE on the web

Owner Kabosuthe original Shiba Inu dog featured in early Dogecoin memes, shared adorable pictures of the pet on Sunday on her blog where she alluded to rowing a boat in the Japanese title of the post.

On the same day, an instagram video was shared with Kabos sleeping.

Read the following: If you had bought your mom $ 100 in Bitcoin, Dogecoin and Ethereum for Mother’s Day last year, here’s how much she would have now

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