After reaching a three-year high, Dogecoin’s price has retreated to 0.38 following a slight 2.5% weekly decline. Despite this pullback, new meme coins emerge while miners enjoy current profitability levels. The fluctuations surrounding Dogecoin exemplify the volatility often seen in the cryptocurrency market. Investors are keeping a close watch on Dogecoin as it navigates through this recent decrease. Understanding the driving factors behind these price movements will be crucial for anyone involved in meme coin investing.