Here's Why Dogecoin Just Dropped | The Motley Fool

Dogecoin (DOGE-0.28%)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. See more

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Here's Why Dogecoin Just Dropped | The Motley Fool

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Why Dogecoin Popped And Then Dropped Today - The Motley Fool

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Apr 4, 2022 · What happened. Dogecoin (DOGE-2.82%) rallied this morning on news that Tesla CEO Elon Musk was taking a 9.2% stake in Twitter.The news was only tangentially related to …

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Why Dogecoin Plunged 9% Today - The Motley Fool

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Why Crypto's Meme Coins Are Crashing | The Motley Fool

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5 days ago · According to data provided by S&P Global Market Intelligence, at noon ET on Friday, Dogecoin is down 10.4% in the past week, Shiba Inu has dropped 11.7%, and Pepe is down …

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Why Bitcoin And Square Popped Today -- But Dogecoin Dropped

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Jul 16, 2021 · Dogecoin (DOGE-7.81%) owners in particular are sitting on a 5% loss today, according to the latest data from Coinbase -- and the difference between what just happened …

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FAQs about Here's Why Dogecoin Just Dropped | The Motley Fool Coupon?

Why is Dogecoin's value dropping today?

That means about 90% of the country's Bitcoin mining capacity is halted, according to CNBC. Shuttering Bitcoin mining and an overall crackdown on cryptocurrency trading in China is having ripple effects on other digital currencies like Dogecoin. The campaign to eliminate a use case on cryptocurrencies is why Dogecoin's value is dropping today. ...

Why did Dogecoin sell off?

As of 5:30 p.m. EDT, Bitcoin was up roughly 3.9% over the previous day of trading, while Ethereum 's Ether token was up roughly 1.7% across the stretch. Image source: Getty Images. Rather than any big token or crypto-space news, Dogecoin's sell-off appears to be the result of investors taking profits on the heels of recent gains. ...

What happened to Dogecoin?

The popular meme coin was down 20.6% over the last seven days of trading as of 4 p.m. ET Friday, according to data from S&P Global Market Intelligence. The Dogecoin token is facing significant selling pressures this week in conjunction with the Federal Reserve's comments on the interest rate outlook for next year. ...

Why did Dogecoin see a big sell-off?

Dogecoin and other cryptocurrencies saw big sell-offs due to recent news from the Federal Reserve. The Fed previously said that it expected to execute four interest rate cuts next year, but it now expects only two. Dogecoin (DOGE 0.78%) is seeing a big pullback in this week's trading. ...

Is Dogecoin a good stock to buy in 2024?

But even with the recent pullback, the Dogecoin token's price is up 252% across 2024's trading. Keith Noonan has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Tesla. The Motley Fool has a disclosure policy. ...

Will Dogecoin hit a price of $1 this year?

For reference, Grayscale is the company behind Grayscale Bitcoin Trust and other related securities. Dogecoin may also be getting a boost from a recent pricing forecast by ProjectSyndicate published on TradingView that suggested the cryptocurrency could hit a price of $1 per token this year. ...