{"id":502543,"date":"2022-09-16T17:00:49","date_gmt":"2022-09-16T17:00:49","guid":{"rendered":"https:\/\/uniquehot.com\/?p=502543"},"modified":"2022-09-16T16:53:11","modified_gmt":"2022-09-16T16:53:11","slug":"dogecoin-re-enters-crypto-top-10-but-price-continues-to-struggle","status":"publish","type":"post","link":"https:\/\/uniquehot.com\/news\/dogecoin\/dogecoin-re-enters-crypto-top-10-but-price-continues-to-struggle\/","title":{"rendered":"Dogecoin Re-enters Crypto Top 10, But Price Continues To Struggle"},"content":{"rendered":"

Meme coin Dogecoin is asserting dominance in the market once more. Last week, the digital asset lost its prized crypto top 10 positions when Polkadot (DOT) rallied, and it overtook the meme coin. However, as the week draws to a close, DOGE has taken the lead over DOT once more.\u00a0<\/span><\/p>\n

Dogecoin Makes Top 10<\/h2>\n

After spending about a week out of the top 10 cryptocurrencies by market cap list, Dogecoin has reclaimed the 10th spot on the market. It is less a result of a rally in the price of Dogecoin and rather a decline in the price of Polkadot (DOT) over the past week.<\/p>\n

Related Reading: Ethereum Merge Fails To Move ETH Price, $2,000 Remains Elusive<\/a><\/strong><\/em><\/div>\n

Where DOGE had seen a price decline of 6.24% in the last 7 days, Polkadot had suffered a worse fate, losing more than 12% of its value in the same time period. DOT had inevitably lost its footing above $7, and its market cap dropped to $7.64 billion.<\/p>\n

\"Dogecoin<\/p>\n

At the time of writing, Dogecoin\u2019s market cap was sitting at $7.9 billion, less than $300 million higher than the market cap of DOT. This means that the meme coin is not completely out of the woods, and DOT could overtake the 10th position if DOGE\u2019s price fails to hold up against the market.<\/p>\n

DOGE Price Still Struggles<\/h2>\n

The re-entry into the crypto top 10 has not meant much for the digital asset. DOGE\u2019s price is still sitting perilously below $0.06 and shows no sign of any positive recovery anytime soon. The bear market has not done the cryptocurrency any favors either because it has only recorded a 0.7% growth in the last 24 hours.<\/p>\n

Investors have also felt the impact of this decline as profitability has been down over the last couple of weeks. Presently, there are more Dogecoin investors who are recording losses than those who are currently in profit.<\/p>\n

Related Reading: Displaced ETH Miners Seek Refuge In Ethereum Classic, Ravencoin<\/a><\/em><\/strong><\/div>\n

A total of 50% of all wallets holding DOGE are currently in the red<\/a>, while 48% are in the green. The rest (2%) are currently sitting in neutral territory. DOGE\u2019s price is also more than 91% down from its all-time high price of $0.70, performing badly compared to its fiercest competitor, Shiba Inu.<\/p>\n

Nevertheless, whales continue to be very active in the meme coin. Over the last 7 days, large transactions with values of over $100,000 have come out to a total volume of almost $1 billion. The meme coin also boasts more than 4.4 million holders, indicating strong hold sentiment among community members.<\/p>\n

Featured image from Bitcoinist, chart from TradingView.com<\/pre>\n

Follow <\/i><\/b>Best Owie on Twitter<\/i><\/b><\/a> for market insights, updates, and the occasional funny tweet\u2026<\/i><\/b><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"

Meme coin Dogecoin is asserting dominance in the market once more. Last week, the digital asset lost its prized crypto top 10 positions when Polkadot (DOT) rallied, and it overtook the meme coin. However, as the week draws to a close, DOGE has taken the lead over DOT once more.\u00a0 Dogecoin Makes Top 10 After spending about a week out of the top 10 cryptocurrencies by market cap list, Dogecoin has reclaimed the 10th spot on the market. It is less a result of a rally in the price of Dogecoin and rather a decline in the price of Polkadot (DOT) over the past week. Related Reading: Ethereum Merge Fails To Move ETH Price, $2,000 Remains Elusive Where DOGE had seen a price decline of 6.24% in the last 7 days, Polkadot had suffered a worse fate, losing more than 12% of its value in the same time period. DOT had inevitably lost its footing above $7, and its market cap dropped to $7.64 billion. At the time of writing, Dogecoin\u2019s market cap was sitting at $7.9 billion, less than $300 million higher than the market cap of DOT. This means that the meme coin is not completely out of the woods, and DOT could overtake the 10th position if DOGE\u2019s price fails to hold up against the market. DOGE Price Still Struggles The re-entry into the crypto top 10 has not meant much for the digital asset. DOGE\u2019s price is still sitting perilously below $0.06 and shows no sign of any positive recovery anytime soon. The bear market has not done the cryptocurrency any favors either because it has only recorded a 0.7% growth in the last 24 hours. Investors have also felt the impact of this decline as profitability has been down over the last couple of weeks. Presently, there are more Dogecoin investors who are recording losses than those who are currently in profit. Related Reading: Displaced ETH Miners Seek Refuge In Ethereum Classic, Ravencoin A total of 50% of all wallets holding DOGE are currently in the red, while 48% are in the green. The rest (2%) are currently sitting in neutral territory. DOGE\u2019s price is also more than 91% down from its all-time high price of $0.70, performing badly compared to its fiercest competitor, Shiba Inu. Nevertheless, whales continue to be very active in the meme coin. Over the last 7 days, large transactions with values of over $100,000 have come out to a total volume of almost $1 billion. The meme coin also boasts more than 4.4 million holders, indicating strong hold sentiment among community members. Featured image from Bitcoinist, chart from TradingView.com Follow Best Owie on Twitter for market insights, updates, and the occasional funny tweet\u2026<\/p>\n","protected":false},"author":541,"featured_media":502550,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[83685],"tags":[84561,1785,7,1804,79599,9753],"class_list":["post-502543","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-dogecoin","tag-crypto-top-10","tag-doge","tag-dogecoin","tag-dogecoin-price","tag-dogeusd","tag-polkadot"],"acf":[],"yoast_head":"\nDogecoin Re-enters Crypto Top 10, But Price Continues To Struggle<\/title>\n<meta name=\"description\" content=\"Meme coin Dogecoin is asserting dominance in the market once more. 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Best is a highly skilled professional with a track record of producing engaging and informative content. With a keen eye for detail and a passion for accuracy, Best is committed to ensuring that each article published meets the highest standards of quality. Best has over six years of experience in the crypto industry and has overseen the creation and publishing of thousands of articles over the years. Best is always abreast of everything that is going on in the crypto industry in order to create and curate the most relevant content for readers. This shines through in Best\u2019s publications, which are always clear and concise, enabling easy reading and understanding for all. Best is also an avid learner and advocate for new technology. This has seen Best dive into topics in areas such as decentralized finance (DeFi), non-fungible tokens (NFTs), Layer 2 blockchains, etc. In addition to this, Best is a vocal member of the crypto community across various social media platforms such as X and Reddit. Best\u2019s work garners tens of thousands of readers monthly, who rely on the information in these publications to keep up-to-date with everything happening in the crypto community. Best\u2019s articles explore breaking news, intricate systems such as yield farming, liquidity pools, and other decentralized finance (DeFi) systems. This is because Best understands the importance of information to gaining financial freedom and believes that everyone should have access to this information. Best also believes in leveraging the blockchain for philanthropy to create the most positive social impact. This involves work with charitable organizations focused on financial literacy and education. With each article, Best lends a voice to important issues such as a more financially inclusive future, transparent systems for growth and development, and technology that is not self-serving but one that serves all of humanity. When not curating engaging content, Best can be found reading a book with a cup of hot chocolate, enjoying a Netflix series, or exploring the outdoors with Green - the world\u2019s most quiet and well-behaved Husky. Best\u2019s interests also span other industries such as art, finance, and security, attending seminars and conferences in not just the crypto industry but other industries as well. As an animal lover, Best is also involved with charities for animals, local shelters, and rescues. Best is also involved in local events that promote inclusivity, such as being a prominent member of hiking clubs and a cycling club, as well as being a part of a very happy group of animal lovers. Best is a true professional in every sense of the word, with an exceptional dedication to producing high-quality work. This shines through in Best's work on and off the clock. These include advocating for inclusive crypto education for all, the impact of financial illiteracy, and the benefits of adopting new technologies such as cryptocurrencies. Best\u2019s prolific career in the media industry is a testament of how hard work and dedication pays.","sameAs":["https:\/\/www.linkedin.com\/in\/best-owie-41a150178\/","https:\/\/x.com\/https:\/\/twitter.com\/BestOwie"],"url":"https:\/\/uniquehot.com\/author\/owiebest\/"}]}},"parsely":{"version":"1.1.0","meta":{"@context":"https:\/\/schema.org","@type":"NewsArticle","headline":"Dogecoin Re-enters Crypto Top 10, But Price Continues To Struggle","url":"http:\/\/uniquehot.com\/news\/dogecoin\/dogecoin-re-enters-crypto-top-10-but-price-continues-to-struggle\/","mainEntityOfPage":{"@type":"WebPage","@id":"http:\/\/uniquehot.com\/news\/dogecoin\/dogecoin-re-enters-crypto-top-10-but-price-continues-to-struggle\/"},"thumbnailUrl":"https:\/\/uniquehot.com\/wp-content\/uploads\/2022\/09\/dogecoin-1.jpeg?resize=200%2C200","image":{"@type":"ImageObject","url":"https:\/\/uniquehot.com\/wp-content\/uploads\/2022\/09\/dogecoin-1.jpeg?fit=875%2C492"},"articleSection":"Dogecoin","author":[{"@type":"Person","name":"Best Owie"}],"creator":["Best Owie"],"publisher":{"@type":"Organization","name":"NewsBTC","logo":"https:\/\/uniquehot.com\/wp-content\/uploads\/2020\/06\/cropped-cropped-cropped-favicon.png?w=32"},"keywords":["crypto top 10","doge","dogecoin","dogecoin price","dogeusd","polkadot"],"dateCreated":"2022-09-16T17:00:49Z","datePublished":"2022-09-16T17:00:49Z","dateModified":"2022-09-16T17:00:49Z"},"rendered":"<script type=\"application\/ld+json\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@type\":\"NewsArticle\",\"headline\":\"Dogecoin Re-enters Crypto Top 10, But Price Continues To Struggle\",\"url\":\"http:\\\/\\\/uniquehot.com\\\/news\\\/dogecoin\\\/dogecoin-re-enters-crypto-top-10-but-price-continues-to-struggle\\\/\",\"mainEntityOfPage\":{\"@type\":\"WebPage\",\"@id\":\"http:\\\/\\\/uniquehot.com\\\/news\\\/dogecoin\\\/dogecoin-re-enters-crypto-top-10-but-price-continues-to-struggle\\\/\"},\"thumbnailUrl\":\"https:\\\/\\\/uniquehot.com\\\/wp-content\\\/uploads\\\/2022\\\/09\\\/dogecoin-1.jpeg?resize=200%2C200\",\"image\":{\"@type\":\"ImageObject\",\"url\":\"https:\\\/\\\/uniquehot.com\\\/wp-content\\\/uploads\\\/2022\\\/09\\\/dogecoin-1.jpeg?fit=875%2C492\"},\"articleSection\":\"Dogecoin\",\"author\":[{\"@type\":\"Person\",\"name\":\"Best Owie\"}],\"creator\":[\"Best Owie\"],\"publisher\":{\"@type\":\"Organization\",\"name\":\"NewsBTC\",\"logo\":\"https:\\\/\\\/uniquehot.com\\\/wp-content\\\/uploads\\\/2020\\\/06\\\/cropped-cropped-cropped-favicon.png?w=32\"},\"keywords\":[\"crypto top 10\",\"doge\",\"dogecoin\",\"dogecoin price\",\"dogeusd\",\"polkadot\"],\"dateCreated\":\"2022-09-16T17:00:49Z\",\"datePublished\":\"2022-09-16T17:00:49Z\",\"dateModified\":\"2022-09-16T17:00:49Z\"}<\/script>","tracker_url":"https:\/\/cdn.parsely.com\/keys\/uniquehot.com\/p.js"},"jetpack_sharing_enabled":true,"jetpack_featured_media_url":"https:\/\/uniquehot.com\/wp-content\/uploads\/2022\/09\/dogecoin-1.jpeg?fit=875%2C492","amp_enabled":true,"_links":{"self":[{"href":"https:\/\/uniquehot.com\/wp-json\/wp\/v2\/posts\/502543","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/uniquehot.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/uniquehot.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/uniquehot.com\/wp-json\/wp\/v2\/users\/541"}],"replies":[{"embeddable":true,"href":"https:\/\/uniquehot.com\/wp-json\/wp\/v2\/comments?post=502543"}],"version-history":[{"count":0,"href":"https:\/\/uniquehot.com\/wp-json\/wp\/v2\/posts\/502543\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/uniquehot.com\/wp-json\/wp\/v2\/media\/502550"}],"wp:attachment":[{"href":"https:\/\/uniquehot.com\/wp-json\/wp\/v2\/media?parent=502543"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/uniquehot.com\/wp-json\/wp\/v2\/categories?post=502543"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/uniquehot.com\/wp-json\/wp\/v2\/tags?post=502543"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}