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Can DOGE Keep Pace With Other Cryptocurrencies?
Description
A volatile cryptocurrency market has taken a positive turn as of Monday morning, with several tokens making gains. However, meme token Dogecoin has not been able to keep pace. Over the past 7 days, the token has lost over 11%. Early Monday, it lost a fraction of a percent, sitting at 15 cents. Plus, it lost nearly a percent to Bitcoin and nearly 2% to Ethereum. Dogecoin lost some of its traction on social media, and it did not recover as the global market cap rose almost a percent. Even so, Dogecoin has dropped to 15 cents a few times since December, and it should recover once more. Interestingly, Dogecoin co-creator Billy Markus said that Dogecoin should focus on creating utility, usage cases, adoption, and positivity instead of hype. At press time, Dogecoin was down over 2%, sitting at 14.75 cents.
Keywords & Tags
#crypto
#cryptocurrency
#nft
#non-fungible token
#finance
#ethereum
#inflation
#business
#crypto news
#dogecoin
#doge
#blockchain
#tech
#social media
#altcoins
#economic recovery
#digital asset
#crypto broker
#crypto mining
#Billy Markus
#economic growth
#virtual currency
#tokens
#economic outlook
#global market cap
#utility
#usage cases
#adoption
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