Dogecoin Drops Nearly 5% While Major Cryptocurrencies Advance
Dogecoin slipped to around $0.095 on October 1, underperforming leading digital assets and extending its longer-term lag.
Dogecoin declined 4.7% to roughly $0.095 on October 1, falling behind leading cryptocurrencies such as Bitcoin, Ethereum, XRP, and Solana, which all posted gains. The token's weekly performance turned negative with a 1.6% drop, despite stronger gains recorded across August and September.
The downturn coincided with broader weakness in speculative assets, as Zcash fell 6.6% and NEAR Protocol dropped 9.1%. The article notes that Dogecoin's thinner buyer base at lower price levels tends to amplify volatility, making it susceptible to steeper sell-offs when market caution increases.
Over the 90 days preceding October, Dogecoin gained 22%, trailing Ethereum's 53%, Solana's 43%, Bitcoin's 33%, and XRP's 31% rallies. The token remains down 20% in 2026, 62% over the trailing year, and roughly 87% below its May 2021 record of $0.73.
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