On January 27, 2025, Dogecoin (DOGE) fell below 0.31 USD, marking its lowest point this year. This drop coincides with a broader downturn in the cryptocurrency market, heavily influenced by falling tech stocks.
Other cryptocurrencies like Solana (SOL) and Cardano (ADA) have also seen significant declines. Even Donald Trump’s meme coin, TRUMP, experienced a price drop, alongside issues faced by the Solana network.