Dogecoin market cap plunged more than $6 billion in May
According to BeInCrypto research, DOGE closed the fifth month of the year with a market capitalization of around $11.39 billion.
This was a 35% decline from the opening day’s market value. On May 1, DOGE saw an impressive trading volume of $991.71 million which corresponded to a market capitalization of approximately $17.62 billion.