Cryptocurrency values fall as Doge Day afternoon approaches
By Dan Moore
10:25, 20 April 2021
The volatile world of cryptocurrencies continues to live up to its reputation for volatility.
Dogecoin stands out as bucking the trend with continued growth, albeit at a slower rate than the early trading surge of 24%. It had slowed to around 5.34% at 11am.
Cryptocurrency values slide
In contrast to Dogecoin, whose value commentators believe is being artificially buoyed by a partisan crowd seeking to push its value to US $0.69 on what is being called Doge Day, other cryptocurrencies are feeling the brunt.
The value of Ripple to the US Dollar has plunged 7.86%, while Litecoin to the $US is down 7.7%. Stellar’s value has fallen 5.6%, with Bitcoin trading down 1.7%. Elsewhere, Tron and Cardano are both down by 5.3% and 3.6%, respectively.
Read More: Dogecoin soars but valuation could be barking mad
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