DailyCryptonews by cryptoborges - 30/01/2021

By Francisco Borges | CryptoNews by cryptoborges | 30 Jan 2021

Hi huys hope you enjoy your daily dose of crypto news.

Traders, influencers lick their wounds after vicious Dogecoin dump

After a pump that highlighted the power of crowd mania and meme magic, Dogecoin has tumbled nearly 40% in a retreat from $.06 Friday highs, falling as low as $.033 this morning.

ust yesterday, Dogecoin made history for cracking the top 10 cryptoassets by marketcap for the first time since 2015

However, after reports of withdrawal issues on multiple centralized exchanges, Dogecoin has undergone a violent overnight reversal, leading many buyers to take to social media to express their regret.

Seeing the value of DOGE nearly cut in half doesn’t seem to have pushed too many investors to more fundamentally sound projects, however. #DogeToADollar is currently a trending topic on Twitter, and a steady stream of users are claiming to double down.