Dogecoin is still down

Dogecoin, the internet’s most popular (and perhaps only) for-fun cryptocurrency remains down by -14.60% as of 1:30PM CST today as part of a deflating start to the week. It follows a dizzying rise of 800% over the last month, making headline news as it became the first parody coin to break a $2 billion USD market cap. It peaked at $0.018 USD on Jan 7th, up from $0.002 USD from the same date last December. Dogecoin’s recent increase in value is likely linked to the large amount of attention garnered by Bitcoin in the last few weeks.

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