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Why Dogecoin Is Plummeting Today

Why Dogecoin Is Plummeting Today

The price of Dogecoin (CRYPTO: DOGE) is sinking in Sunday's trading. The cryptocurrency was down 5.7% over the previous 24-hour period as of 11:45 a.m. ET. With Bitcoin and Ethereum roughly flat over the previous day of trading and the broader cryptocurrency market looking uncharacteristically stable, Dogecoin's sell-off likely stems from investors taking profits after recent gains.