After several weeks of successfully maintaining a relatively stable value, it seems the Dogecoin fairy tale is coming to an end once again. Similar to all other altcoins, DOGE is getting battered and then some. Even though the currency is still trying to cling to the $ 0.005 level, it seems that will not hold for much longer.
Dogecoin Price Run is Over
It has been coming for some time now, but Dogecoin‘s value seems to be returning to far more normal levels. After successfully hitting a market cap of roughly $ 700m a few weeks ago, the value has now dropped to $ 584m and even lower. This is all part of the ongoing bearish trend affecting all cryptocurrencies as of today.