As Bitcoin’s market share grows, Dogecoin faces new challenges


As the leading crypto with the largest market share, Bitcoin remains the most dominant force in the crypto market. Currently trading at $96,252, Bitcoin has seen a minor 0.5% price setback in the past 24 hours and 8.1% over the last 30 days. Despite its price fluctuations, Bitcoin’s overall market share continues to expand, making it increasingly difficult for smaller altcoins, like Dogecoin, to maintain traction.

Dogecoin, a longtime favorite among retail traders and meme coin enthusiasts, is now facing an uphill battle. Trading at $0.25, DOGE holders have watched this meme coin drop by 4.9% in the past 24 hours and 33.3% over the past month.

While its community remains strong, Dogecoin’s lack of evolving use cases makes it vulnerable to shifts in investor sentiment. Many DOGE holders are eyeing alternative altcoin projects that go beyond the hype and deliver tangible benefits, and WallitIQ has become a popular choice among them.
#Crypto Market Pullback #New Coins in Focus #PI Price Trend Analysis
BTC0,29%
DOGE1,01%
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
0/400
No comments
  • Pin

Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)