{"id":8308,"date":"2022-02-18T20:53:50","date_gmt":"2022-02-18T20:53:50","guid":{"rendered":"http:\/\/egrowonline.com\/?p=8308"},"modified":"2022-02-18T20:53:50","modified_gmt":"2022-02-18T20:53:50","slug":"dogecoin-price-plunged-over-the-past-week-as-the-meme-coin-adjusts-to-crypto-bloodbath","status":"publish","type":"post","link":"http:\/\/egrowonline.com\/?p=8308","title":{"rendered":"Dogecoin price plunged over the past week as the meme coin adjusts to crypto bloodbath"},"content":{"rendered":"<p> <br \/>\n<\/p>\n<div id=\"fxs_article_content\">\n<ul>\n<li><strong>Dogecoin price plunged 8.5% over the past seven days as the meme coin suffered a drop in the bloodbath.\u00a0<\/strong><\/li>\n<li><strong>The meme coin\u2019s creator started a petition for Twitter to add a Dogecoin tip jar on the social media platform.\u00a0<\/strong><\/li>\n<li><strong>Analysts believe Dogecoin price is ready for a trend reversal, starting a relief rally.\u00a0<\/strong><\/li>\n<\/ul>\n<p><a target=\"_blank\" href=\"https:\/\/www.fxstreet.com\/cryptocurrencies\/news\/dogecoin-and-shiba-inu-price-climbs-as-binance-smart-chain-whales-accumulate-meme-coins-202202151719\" rel=\"noopener\">Dogecoin<\/a> creator Billy Markus started a petition asking social media platform Twitter to add a DOGE tip jar. Dogecoin price posted nearly 9% losses over the past week due to rising global tension.\u00a0<\/p>\n<h2 class=\"fxs_headline_medium\">Dogecoin could make a comeback with a relief rally<\/h2>\n<p>Billy Markus, the creator of the <a target=\"_blank\" href=\"https:\/\/www.fxstreet.com\/cryptocurrencies\/news\/dogecoin-bites-the-dust-as-binance-smart-chain-whales-scoop-up-140-billion-shiba-inu-202202141156\" rel=\"noopener\">Dogecoin <\/a>network, tweeted about a DOGE tipping jar. Markus has started a petition requesting the social media platform Twitter to add Dogecoin tipping and urged his followers to sign the petition and show their support.\u00a0<\/p>\n<p>Recently Tesla started accepting Dogecoin as payment for some of its merchandise. This helped boost the meme coin\u2019s adoption and fueled demand consistently. Markus\u2019s suggestion to add a Dogecoin tipping jar on Twitter could have a similar effect on the meme coin\u2019s price.\u00a0<\/p>\n<p>Dogecoin has posted over 8% losses over the past week. Proponents believe that a revival in the meme coin\u2019s demand could act as a catalyst for Dogecoin price.\u00a0<\/p>\n<p>The crypto data intelligence platform Doge Whale Alert notes that <a target=\"_blank\" href=\"https:\/\/www.fxstreet.com\/cryptocurrencies\/news\/dogecoin-profitability-skyrockets-as-doge-bulls-gather-strength-for-20-upswing-202202112124\" rel=\"noopener\">Dogecoin<\/a> is hitting exchanges. There is a spike in the inflow of the meme coin to exchanges. Historically a spike in inflow indicates a rise in selling pressure and the subsequent drop in Dogecoin price.\u00a0<\/p>\n<p>FXStreet analysts evaluated where Dogecoin price is headed next and predicted that the meme coin is set for another rally. In a relief rally, the meme coin\u2019s price is on track for a leg higher.\u00a0<\/p>\n<div class=\"youtube_cke fxs_external\">\n<div class=\"jeg_video_container jeg_video_content\"><iframe loading=\"lazy\" title=\"Dogecoin set for another leg higher in the relief rally\" width=\"500\" height=\"281\" src=\"https:\/\/www.youtube.com\/embed\/gJZ1smm0V5Q?feature=oembed\" frameborder=\"0\" allow=\"accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share\" referrerpolicy=\"strict-origin-when-cross-origin\" allowfullscreen><\/iframe><\/div>\n<\/div>\n<p>\u00a0<\/p>\n<\/p><\/div>\n<p><br \/>\n<br \/><a href=\"https:\/\/www.fxstreet.com\/cryptocurrencies\/news\/dogecoin-price-plunged-over-the-past-week-as-the-meme-coin-adjusts-to-crypto-bloodbath-202202182007\">Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Dogecoin price plunged 8.5% over the past seven days as the meme coin suffered a drop in the bloodbath.\u00a0 The meme coin\u2019s creator started a petition for Twitter to add a Dogecoin tip jar on the social media platform.\u00a0 Analysts believe Dogecoin price is ready for a trend reversal, starting a relief rally.\u00a0 Dogecoin creator [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":356,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","enabled":false}}},"categories":[46],"tags":[5269,4155,268,62,85,1175,1968,195,339],"class_list":["post-8308","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-dogecoin","tag-adjusts","tag-bloodbath","tag-coin","tag-crypto","tag-dogecoin","tag-meme","tag-plunged","tag-price","tag-week"],"jetpack_publicize_connections":[],"jetpack_sharing_enabled":true,"jetpack_featured_media_url":"http:\/\/egrowonline.com\/wp-content\/uploads\/2021\/11\/dogecoin-200x200-637483778649728159_Large.jpg","_links":{"self":[{"href":"http:\/\/egrowonline.com\/index.php?rest_route=\/wp\/v2\/posts\/8308","targetHints":{"allow":["GET"]}}],"collection":[{"href":"http:\/\/egrowonline.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/egrowonline.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/egrowonline.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"http:\/\/egrowonline.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=8308"}],"version-history":[{"count":1,"href":"http:\/\/egrowonline.com\/index.php?rest_route=\/wp\/v2\/posts\/8308\/revisions"}],"predecessor-version":[{"id":8309,"href":"http:\/\/egrowonline.com\/index.php?rest_route=\/wp\/v2\/posts\/8308\/revisions\/8309"}],"wp:featuredmedia":[{"embeddable":true,"href":"http:\/\/egrowonline.com\/index.php?rest_route=\/wp\/v2\/media\/356"}],"wp:attachment":[{"href":"http:\/\/egrowonline.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=8308"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/egrowonline.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=8308"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/egrowonline.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=8308"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}