Dogecoin is at the moment the worst-performing token in yearly good points among the many top-tier meme cash.
Dogecoin (DOGE) has skilled a 12% decline over the previous month, underscoring a interval of subdued efficiency with solely a marginal 1% enhance over the previous yr. This downturn is additional accentuated by a forty five% decline in its buying and selling quantity within the final 24 hours, signaling a notable shift in investor engagement.
In distinction, different main meme cash are charting a unique course. Shiba Inu has seen a rise of two% up to now month and an general progress of three% over the yr. This efficiency, though modest, highlights a resilience that Dogecoin at the moment lacks.
Bonk has had a stellar yr with a rare 1,400% surge in worth, complemented by a 24% enhance up to now month alone. This spectacular trajectory illustrates the potential for fast good points on this unstable market phase.
Regardless of dealing with a slight dip at the moment, PEPE has proven a commendable 9% enhance since final week. One other progressive entrant, CorgiAI, which merges memecoins with AI expertise, has proven a outstanding 29% progress since final week.
Total, evidently DOGE’s good points haven’t been as good-looking as its different main rivals, which might be attributed to the rising reputation of different meme cash. Regardless of this, Dogecoin stays the eleventh largest token in the complete market.