Solana causes decline in major cryptocurrencies, including Dogecoin’s significant drop.

Most major cryptocurrencies experienced losses during morning trading on Monday, with Solana dropping the most by 4.51% to $15.24. Other major cryptocurrencies such as Dogecoin, Ethereum, Polygon, Bitcoin, and Ripple also saw decreases ranging from 1.23% to 2.03%. Polkadot had the smallest decline of 0.72% to $4.50. However, two cryptocurrencies saw increases: Cardano rose by 1.24% to 28 cents and Uniswap increased by 1.22% to $4.14. In terms of crypto-related companies, shares of Coinbase Global and MicroStrategy declined, while shares of Riot Platforms, Marathon Digital Holdings, Square, and Tesla saw mixed results. The Bitwise Crypto Industry Innovators ETF and the Amplify Transformational Data Sharing ETF both had slight increases, while the Grayscale Bitcoin Trust dropped by 1.62%.

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About The Author

Niels I have been passionate about dogecoin since 2019, and have since become an avid follower and advocate of the cryptocurrency. I keep a close eye on the Dogecoin market and trends, and I'm always up-to-date with the latest news and developments. As a true believer in the potential of dogecoin, I am excited to be a part of the growing community and I'm eager to share my knowledge and experience with others. When not busy with dogecoin, I enjoy golf, and I can often be found on the golf course.

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