Dogecoin nosedive continues but supporters are undeterred

Digital currency physical metal dogecoin coin. Yellow phone communication concept.

Dogecoin has soared more than 400% in the past week and by more than 5,000% since the start of the year.

Dogecoin’s price continued to fall on Thursday morning, two days after supporters celebrated ‘dogeday 4/20’, but its online community of fans remain undeterred.

Dogecoin (DOGE-USD) was down 16% to $0.2822 (£0.2). On Tuesday, it had hit $0.4252 and its market capitalization briefly crossed $50bn as supporters tried to push the price to between $0.69 to $1.

Every dog has its day: dogecoin continues to plunge. Chart: Yahoo Finance UK

Every dog has its day: dogecoin…


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