As the overall cryptocurrency industry momentum sours again, prices are falling across the board. This is not entirely abnormal, as most currencies derive value from Bitcoin itself. In the case of Dogecoin, the negative trend is less severe, although still somewhat visible. If these losses can be minimized, Dogecoin may be among the first currencies to recover.
Whereas most people would assume the year 2018 to end on a high after all, things often turn out very differently. Bitcoin’s gains earlier this week have all been negated in quick succession. Although the overall market cap has not dropped to $125bn again, it seems the coming weekend might not necessarily too much relief in this department. Dogecoin, however, seems to be doing things a bit differently.