Dogecoin (DOGE)

Dogecoin has lost roughly a sixth of its value over the past month.

What is going on right now?

The price sits below where it's been trading on average over the last few weeks and few months. Activity has also been quieter than usual, with fewer people trading it day to day.

How does it work?

Dogecoin has no company behind it earning money. Its price moves mostly on social media buzz and crowd enthusiasm. New coins are created endlessly, so there's no built-in cap on supply.

What stands out?

There's been almost no notable social media chatter or high-profile attention around it in the last couple of days. Without that spark, Dogecoin tends to drift quietly.

What comes next?

A reported $16 million loss at an Indian exchange could tighten how easily smaller coins like Dogecoin get traded there.