Dogecoin has shed another 10% in value during the last 24 hours, as the memecoin continues its recent trend of decline.
Dogecoin Continues To See Red Days, Coin Now Down 9% Over The Last Month
With all the recent FUD going around the market, like the auditor of Binance’s Proof-of-Reserves, Mazars, pausing work for all its clients, the cryptocurrency sector has been bleeding hard during the past day. Dogecoin, the largest memecoin, has been no exception, much to the dismay of its investors.
At the time of writing, DOGE is trading around $0.0775, down 10% in the last 24 hours. Here is a chart that shows how the crypto’s price has changed during the last month:
The value of the coin seems to have taken a large hit during the last few days | Source: DOGEUSD on TradingView
As you can see in the above graph, Dogecoin was rallying between late November to early December, breaking above the $0.10 level in the process, and giving…