Dogecoin Hits 3-Year High Price – Before Bitcoin Cools and Meme Coins Plunge

Dogecoin took another step ahead Friday night and early Saturday, climbing to a price level not seen in more than three years. But it has since fallen, with DOGE and other coins among the biggest losers in the past 24 hours.

DOGE surpassed the $0.475 mark on Saturday morning – the first time the meme coin had risen this high since May 2021. Dogecoin has seen a strong surge in recent weeks, starting before the election and becoming significantly more explosive in the days following .

Previously, in terms of recent movements, DOGE had already reached up to almost $0.43 November 13; at the time it was a three-year high, but that local high has since been surpassed. DOGE is now up 195% over the past 30 days and 430% over the past year, according to data from CoinGecko.

This was a short-lived spike, however, as is typical for such a volatile coin. DOGE is now up to around $0.41 As of this writing, as the broader crypto market cools off after last week’s rally. Bitcoinfor example, has now dropped to a price of $96,725 after setting a new all-time high price of $99,645 on Friday and moving closer to the $100,000 Milestone.

Dogecoin is now down 12% in the last 24 hours, although it is not the biggest loser among the top 10 cryptocurrencies by market cap: XRP fell 14% during the same period after reaching its have the highest rating for three years Friday.

However, zooming out, it was mainly meme coins that fell the hardest among the top 100 coins in the last 24 hours. Brett (BRETT), Bonk (BONK), Popcat (POPCAT), Dogwifhat (WIF), Pepe (PEPE), and Floki (FLOKI) have all fallen 10% or more during this period, alongside Dogecoin. Overall, the crypto market is down almost 5% over the past day.