Dogecoin, once a simple short-term entertainment project and now the biggest meme coin dominating the entire meme coin sector, has recently seen a sharp price dip of around 5%. The coin’s price dropped to its current $0.4274 from yesterday’s $0.4517.
DOGE Price Drops 5% In A Day
The coin’s price dipped around the time when Bitcoin crashed from over $103k to just above $92k, but while BTC has made a significant recovery in the last 24 hours, climbing back up to its current $98.2k, DOGE has dipped by over 5% during this time.
Currently, Dogecoin sits as the 7th largest crypto by market cap, but in its own meme coin sector, it is by far the largest coin, with its market cap being more than three times larger than Shiba Inu, the second-largest meme coin by market cap.
DOGE’s price drop has also seemingly impacted the rest of the meme coin sector, with most top-ranking meme coins currently trading in the red on both hourly and daily charts. Their weekly performance still sees many of them trade in the green, including DOGE itself, which is around 4% higher than it was a week ago.
This is also not surprising, given that Bitcoin’s push beyond $100k caused plenty of cryptos to surge after it — meme coins in particular. So, the current price drop is likely just a correction, and it comes in direct response to this surge.
But the dip also gave many investors a reason to consider buying a new meme coin which many consider to be the best buy for 2025 — Crypto All-Stars (STARS).
LAST CHANCE TO BUY STARS BEFORE ITS PRESALE ENDS
The STARS ICO Is Almost Over: Don’t Miss The Chance To Buy It At Low Price
Crypto All-Stars is one of the newest meme coins with an ICO for the past few months and is now just about ready to launch. According to its website, the project’s presale will be over in two weeks, meaning that it will finally go live on December 20, and its first listings will follow right after that.
The project attracted a lot of attention thanks to its flagship product — a new type of staking smart contract that lets you stake multiple cryptocurrencies. This immediately set it apart from other staking platforms, where each only supports a single coin or token.
Meanwhile, Crypto All-Stars’ MemeVault, as it was named, lets you stake 12 different meme coins right now.
Being a meme coin itself, the project decided to focus on top-ranking cryptos in its own sector, and so it currently supports its native token, STARS, as well as Dogecoin, Shiba Inu, Pepe, Mog Coin, Bonk, Turbo, Floki, Brett, Coq Inu, Milady, and Toshi The Cat.
However, after it goes live, its developers plan to expand the list of supported meme coins, meaning that those with large meme coin portfolios will be able to conveniently stake all of their tokens in one place.
This also gives Crypto All-Stars huge potential, allowing it to become the center of meme coin staking, which is why investors doubled down on its presale and now consider it the best buy for 2025.
JOIN THE STARS ICO WHILE ITS PRICE IS LOW
The ICO raised over $9.3 million as of December 6, and with two weeks left to go before its presale ends, it will likely raise even more, possibly adding a few more million to the total. Right now, its STARS token sells for $0.016782, and you can buy it with credit/debit cards, or with ETH, BNB, USDT, DOGE, PEPE, FLOKI, or SHIB.
