Markets· ★★★· bearish·

Dogecoin Slips Below 9 Cents as Meme Segment Shrinks to 3.9% of Altcoin Market

  • —DOGE at $0.0886, down 5.4% daily and 64.4% yearly, 87.9% below its $0.7316 peak
  • —Meme segment shrinks to $33.2 billion, or 3.9% of the altcoin market; 15 of 18 categories are down
  • —Dogecoin holds 41.7% of the meme segment, Shiba Inu 9.6%, together 51.4%
  • —Key supports at $0.0871, $0.0828 and $0.076; a close below $0.085 opens the way to $0.070
Why it matters: The meme segment's record-low market share signals risk capital is exiting speculative assets.
Source: CryptoTicker