Dogecoin (DOGE) fell sharply on Monday, dropping below $0.31—its lowest price of 2025 so far.
The drop came as Bitcoin, Solana, and other cryptocurrencies mirrored the stock market’s downturn.
As of now, DOGE is priced at $0.33, reflecting a 24-hour dip of nearly 5%.
Among the largest cryptocurrencies by market cap, Dogecoin is one of the biggest losers, with Solana and Cardano seeing even steeper declines.
In related news, the Trump meme coin (TRUMP) also saw a decline, falling to its lowest price in over a week, though it has since rebounded slightly.
Meme coins, including Dogecoin, are known for their volatility, often suffering significant price swings when Bitcoin drops.
Despite the recent dip, Dogecoin remains up 312% over the past year.