As the overarching cryptocurrency market slump continues, there is a growing demand for assets which are perceived at stable Although stablecoins would usually fit that bill, Dogecoin also makes an interesting case for itself. Under the current conditions, it is also losing a bit of value, although in far less spectacular fashion compared to other markets.
It has always been difficult for alternative currencies to escape Bitcoin’s gravitational pull. The year 2018 has illustrated that point virtually every other day. While Dogecoin usually does its own thing, it too is losing a bit of value in the US Dollar department. That is not entirely abnormal, although it seems unlikely a dip below $0.0015 will occur anytime soon.