{"id":8777,"date":"2021-06-25T21:54:12","date_gmt":"2021-06-25T21:54:12","guid":{"rendered":"https:\/\/www.buyucoin.com\/crypto-labs\/dogecoin-sheds-67-since-price-high-meme-tokens-12-month-market-stats-still-outshined-btc\/"},"modified":"2021-06-25T21:54:12","modified_gmt":"2021-06-25T21:54:12","slug":"dogecoin-sheds-67-since-price-high-meme-tokens-12-month-market-stats-still-outshined-btc","status":"publish","type":"post","link":"https:\/\/www.buyucoin.com\/crypto-labs\/dogecoin-sheds-67-since-price-high-meme-tokens-12-month-market-stats-still-outshined-btc\/","title":{"rendered":"Dogecoin Sheds 67% Since Price High \u2014 Meme Token\u2019s 12 Month Market Stats Still Outshined BTC"},"content":{"rendered":"

The notorious meme crypto asset dogecoin has seen better days, as the digital currency tapped an all-time high (ATH) two months ago at $0.737 per unit. Today, dogecoin is down 67% since the ATH and over 30% during the last three months as interest in the dog meme coin is waning.<\/strong><\/p>\n

Dogecoin Interest Dives, Meme-Token\u2019s Value Down 67% Since ATH<\/h2>\n

Worldwide interest in DOGE<\/a> is slipping, as the search query \u201cdogecoin\u201d on Google Trends (GT) has slid from an ATH in interest. Dogecoin lost 79% by scoring a 100 in the second week of May to this week\u2019s score of 21.<\/p>\n

Google Trends (GT) data for the search query \u201cdogecoin\u201d on June 25, 2021.<\/p>\n

The search query for the term \u201cDOGE\u201d globally shows similar findings, as interest seems to be dropping across the board. Today, the most interested countries searching the term \u201cdogecoin\u201d on Google, according to GT data<\/a> includes the U.S., Turkey, Canada, Singapore, and the Netherlands.<\/p>\n

Dogecoin\u2019s price<\/a> has dropped significantly during the last month and during the course of the week. At $0.23 per unit, DOGE is down over 16% during the last week and down 30% against the U.S. dollar last month.<\/p>\n

One-week dogecoin (DOGE\/USDT<\/a>) chart via bitcoinwisdom.io.<\/p>\n

Dogecoin\u2019s market capitalization was massive at one point in May and it ate into<\/a> bitcoin\u2019s (BTC<\/a>) market dominance. Today, the market capitalization of dogecoin (DOGE)<\/a> is around $31 billion. On Friday afternoon on June 25, dogecoin trade volume was around $5.3 billion in global swaps.<\/p>\n

The most swapped coin with dogecoin today is tether (USDT<\/a>), which commands 73% of today\u2019s DOGE swaps. This is followed by BTC<\/a> (6.29%), USD (6.23%), BUSD (4.85%), and the Turkish lira (TRY) with 3.79% of all the dogecoin swaps on Friday. Dogecoin is only down 7% on Friday, which is a lot less than most crypto asset percentage losses among all 9,000+ coins.<\/p>\n

<\/p>\n

Elon\u2019s Maxi Tweet Attributed to Dogecoin Staving Off Losses, 12 Month Stats Show DOGE Remains Up 9,739%<\/h2>\n

Some reports have said<\/a> Elon Musk\u2019s recent \u201cbitcoin maxi\u201d tweet<\/a>, pushed the price of dogecoin higher. However, Musk hasn\u2019t been tweeting about dogecoin, at least as much as he had been<\/a> prior to his Saturday Night Live (SNL) appearance<\/a>.<\/p>\n

Despite being 67% down since its price ATH, DOGE<\/a> has a ways to go to shed long-term gains. Against the USD, dogecoin is still up 335% during the last three months, and 661% against BTC<\/a> during that same time frame. 12-month stats against the U.S. dollar show dogecoin is still up a whopping 9,739% to date.<\/p>\n

Leading coins like bitcoin (BTC<\/a>) and ethereum (ETH<\/a>) have seen nowhere near the 12 month gains DOGE has seen, but with a low of 67% down from its ATH, some dogecoin owners are definitely holding on to heavier bags.<\/p>\n

What do you think about dogecoin\u2019s recent downward spiral? Let us know what you think about this subject in the comments section below.<\/strong><\/em><\/p>\n

Bitcoin News
\nAltcoins, All time high, ATH, Bitcoin (BTC), deflationary, Doge, DOGE swaps, dogecoin, Dogecoin Markets, Dogecoin Run-Up, Dominance, Elon Musk, ETH, Inflationary, Markets DOGE, swaps, Trading Doge, USD, USDT, volume<\/p>\n","protected":false},"excerpt":{"rendered":"

The notorious meme crypto asset dogecoin has seen better days, as the digital currency tapped an all-time high (ATH) two months ago at $0.737 per unit. Today, dogecoin is down 67% since the ATH and over 30% during the last three months as interest in the dog meme coin is waning. Dogecoin Interest Dives, Meme-Token\u2019s…<\/p>\n","protected":false},"author":0,"featured_media":8778,"comment_status":"","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[53,3],"tags":[],"class_list":["post-8777","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-blockchain-news","category-coin-news"],"_links":{"self":[{"href":"https:\/\/www.buyucoin.com\/crypto-labs\/wp-json\/wp\/v2\/posts\/8777"}],"collection":[{"href":"https:\/\/www.buyucoin.com\/crypto-labs\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.buyucoin.com\/crypto-labs\/wp-json\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/www.buyucoin.com\/crypto-labs\/wp-json\/wp\/v2\/comments?post=8777"}],"version-history":[{"count":0,"href":"https:\/\/www.buyucoin.com\/crypto-labs\/wp-json\/wp\/v2\/posts\/8777\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.buyucoin.com\/crypto-labs\/wp-json\/wp\/v2\/media\/8778"}],"wp:attachment":[{"href":"https:\/\/www.buyucoin.com\/crypto-labs\/wp-json\/wp\/v2\/media?parent=8777"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.buyucoin.com\/crypto-labs\/wp-json\/wp\/v2\/categories?post=8777"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.buyucoin.com\/crypto-labs\/wp-json\/wp\/v2\/tags?post=8777"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}