The daily crypto: Dogecoin crashes – but there is no reason to panic yet

The increases of the last few days were not, as we now see, the calming siren for the end of the crisis in the crypto market as one might think from the mobilization of Binance and other entities to promise that crypto companies will stop going bankrupt at a rate of at least one per month, as has been the case in recent months. Today the market returned to significant price drops, losing its value according to CoinGecko tracking 2.7% to a total value of only 856 billion dollars – still 3.5% above its value a week ago, but 68% less than a year ago.

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