Dogecoin has been slipping over the past few months, and Friday morning was no different. The token has remained on the most mentioned tokens on Twitter ($TWTR@US), but that has not equated to increased value. The global crypto market cap fell another 5.5% overnight, forcing certain tokens—like Dogecoin—to take the fall. In the past 24 hours, Dogecoin lost more than 4%, almost 7% in the past 7 days, and almost 15% in the past 30 days. Even so, it managed to gain more than 2% on Bitcoin and more than 1% on Ethereum. Interestingly, some crypto influencers believe that Twitter controls which tokens can trend by favoring massive spikes in the price instead of steady growth, leading to a downturn for Dogecoin’s social media exposure. The Dogecoin community is focused less on speculation and more on use cases and having a good time, which may color its pricing a bit. At press time, Dogecoin was down more than 3.5%, sitting at 13.83 cents on increasing volume and a decreasing market cap.
