The value of just about each single cryptocurrency has dropped dramatically, with fan favourite Dogecoin plummeting from $0.30 all the way down to $0.17 and there is no stopping it but — the whole lot is bleeding proper now.
Dogecoin hit a peak of simply over $0.44 on June 4 and since then has been tumbling down, discovering help between $0.32 and $0.34 over the previous couple of days — however then all the market bottomed out and Dogecoin went into freefall.
Within the final week Dogecoin has misplaced over $20 billion market cap, the place it was sitting at round $42 billion market cap on June 16 earlier than the regular downhill drop to $23 billion market cap on the time of writing. Dogecoin is down 36% over the past 24 hours on the time of writing (this may change relying on once you learn this).
Bitcoin has dropped from $36,000 simply over 24 hours in the past now, down into the valleys of $31,000 or so.