Dogecoin and other meme coins are experiencing a significant decline in value, with Dogecoin itself plunging by 10% in the past 24 hours. The market-wide decline is attributed to mixed U.S. economic reports released on Tuesday. Other meme coins like BONK, WIF, and AI16Z are also down, with some experiencing losses of nearly 15%. However, there is one meme coin, Akuma Inu, that is in the green, with a 55% spike in price. Despite the recent decline, Dogecoin remains up by 11% over the past week. Galaxy Digital predicts that Dogecoin may reach $1.00 by 2025, but the current price decline hinders that goal. Meme coins are known for their volatility, and while established coins like Bitcoin are also down, meme coins tend to be more susceptible to larger swings in value.



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