Why Is Dogecoin Crashing Today?

Dogecoin (CRYPTO: DOGE) traded 11.24% lower at $0.20 over 24 hours at press time amid plunging global cryptocurrency market capitalization, which fell 5.65% to $1.47 trillion. What Happened: While DOGE fell over the course of the day, for the week, the Shiba Inu-themed coin is up 22.51%.