Dogecoin (DOGE), a cryptocurrency based on popular memes that offers low-cost transactions and scalable networks, has reportedly retraced all profits made during the demo, Dogethereum. During the increase, DOGE jumped from $ 0.0024 to almost $ 0.007, almost 300% in just a matter of weeks.
However, since reaching its peak, DOGE has been in a stable downtrend and now sits at $ 0.0028, a retrace almost full of the Dogethereum wave. DOGE now has $ 327.3 million market capitalization, making it the 25th largest coin on the AltDex 100 Index (ALT100).
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