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Dogecoin plummets over 36% and wipes away over $20 billion market cap

The entire crypto market is red today, Dogecoin drops from $0.30 to $0.17 and wipes away $20 billion in market cap in the process.

@anthony256
Published Mon, Jun 21 2021 8:00 PM CDT   |   Updated Tue, Jul 20 2021 4:03 AM CDT

The price of virtually every single cryptocurrency has dropped dramatically, with fan favorite Dogecoin plummeting from $0.30 down to $0.17 and there's no stopping it yet -- everything is bleeding right now.

Dogecoin plummets over 36% and wipes away over $20 billion market cap 06 | TweakTown.com

Dogecoin hit a peak of just over $0.44 on June 4 and since then has been tumbling down, finding support between $0.32 and $0.34 over the last few days -- but then the entire market bottomed out and Dogecoin went into freefall.

In the last week Dogecoin has lost over $20 billion market cap, where it was sitting at around $42 billion market cap on June 16 before the steady downhill drop to $23 billion market cap at the time of writing. Dogecoin is down 36% over the last 24 hours at the time of writing (this will change depending on when you read this).

Bitcoin has dropped from $36,000 just over 24 hours ago now, down into the valleys of $31,000 or so.

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* Prices last scanned on 8/4/2021 at 8:36 pm CDT - prices may not be accurate, click links above for the latest price. We may earn an affiliate commission.
NEWS SOURCE:coinmarketcap.com

Anthony joined the TweakTown team in 2010 and has since reviewed 100s of graphics cards. Anthony is a long time PC enthusiast with a passion of hate for games built around consoles. FPS gaming since the pre-Quake days, where you were insulted if you used a mouse to aim, he has been addicted to gaming and hardware ever since. Working in IT retail for 10 years gave him great experience with custom-built PCs. His addiction to GPU tech is unwavering.

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