Dogecoin Rises Once Again

Dogecoin has been on a rollercoaster ride over the past few weeks as the cryptocurrency market loses and gains value by the day. DOGE has also moved with other meme tokens like Shiba Inu, and it has even lost market share to knockoff tokens that are flooding the market. Even so, the coin rose just over 3% in early trading on Monday, reaching 20.66 cents even though it has fallen a total of 7.43% over the past week. DOGE still lost 2.2% to Bitcoin and 3.31% to Ethereum over the past 24 hours as the market cap for the industry rose 5.53% to $2.58 trillion. For the year, Dogecoin is still up 3434.66%, having reached an all-time high of 74 cents back in May. With a 24-hour high of 22.37 cents, the token had risen to 22.08 cents by press time.