Dogecoin and Ethereum, two different cryptocurrency seems like they have no connection, in fact, they have announced that the alpha version of DogEthereum is going to be released.
Still, even the news came out, it won’t help with ETH in any way. The Ethereum price still drops 8.73%, which is not a surprise to crypto investors. Because the whole cryptocurrency market value has shrunk by 82.3 billion yuan.
The first place is Bitcoin with the Bitcoin value of 755.1 billion yuan. Compared with the previous data, the market value dropped by 15.7 billion yuan, a decrease of about 2.04%, accounting for 49.67%. The second place is Ethereum with a market value of 220 billion yuan, compared with the previous data which has dropped by 600 million yuan, accounting for 13.15%; the third is Ripple, with a market value of 90.3 billion yuan, a market value of 7.5 billion yuan compared with the previous data. The renminbi accounted for 5.94% of the decline.