Why is Dogecoin Price Crashing Today Ahead of the Rex Osprey DOGE ETF Debut? 📉
Dogecoin (DOGE), the pioneering meme coin, has experienced a significant drop, leading losses among the top ten cryptocurrencies. Currently trading at $0.2625, DOGE has fallen by 7%. This slump comes as the crypto market, in general, has seen a downward trend.
Other meme coins have also followed suit, with their collective market capitalization dropping by approximately 6%. The timing of this decline is notable as it coincides with the anticipation of the Rex Osprey DOGE ETF debut.
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