Dogecoin gained another leg late Friday and early Saturday, reaching price levels not seen in more than three years. But among the biggest losers in the last 24 hours, DOGE fell along with other high note coins.
DOGE popped above the $0.475 mark on Saturday morning—the first time the meme coin has risen that high since May 2021. Dogecoin has been in dire straits in recent weeks, starting before the election and becoming more explosive in the days following.
Previously, in light of recent moves, DOGE had previously peaked around $0.43 on November 13th. At the time, it was a three-year high, but that local high has since been added. DOGE is now up 195% over the past 30 days, and 430% over the past year, according to data from CoinGecko.
It was a short-lived high, however, which is normal for such a volatile coin. DOGE has fallen to $0.41 as of this writing as the broader crypto market cools off after last week's highs. Bitcoin, for example, set a new all-time high of $99,645 on Friday and is now down to $96,725 after approaching the $100,000 milestone.
Dogecoin is down 12% over the past 24 hours, although it's not the biggest loser in terms of market capitalization among the 10 cryptocurrencies: XRP is down 14% in the same period after hitting its own three-year high on Friday. .
Highlighting, however, meme coins are the most depreciated of the top 100 coins in the last 24 hours. BRETT, BONK, POPCAT, DOGWIFAT, PEPE, and FLOKI all fell 10% or more with Dogecoin. Broadly, the crypto market is down about 5% from the previous day.
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