Dogecoin fell 20.1% in October after losing approximately 20% during the same month in 2024. This second consecutive monthly decline came despite the optimism traditionally associated with October in the cryptocurrency market. The downturn interrupted Dogecoin’s gains in August and September and erased part of its third-quarter performance. The token dropped from $0.09447 at the end of the previous quarter to $0.07197 in October. It remains uncertain whether Dogecoin can recover momentum during the final two months of the year.
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