The price of Dogecoin fell today within the last 24 hours. Dogecoin is currently trading at $0.003265 USD (at the time of post). Dogecoin currently has a market cap of around $370.21 million USD, after reach a record breaking 1 billion a few months ago.
The price fall comes after an industry-wide price collapse where almost all cryptocurrencies have fallen, some even by double digits within the last 24 hours. For the month, Bitcoin has fallen 22% while, respectively, Litecoin has also fallen but at a more dramatic 30% drop. Dogecoin was trading steadily at $0.0045 USD for quite a few weeks but fears of the IRS increasing oversight on bitcoin companies, like Coinbase, has negatively affected all cryptocurrencies. Facebook and Google banned cryptocurrency ads recently as companies seek to protect users from scammers with the increasing number of ICO's being released.