Dogecoin (DOGE) experienced a significant decline, dropping 8.84% to $0.2396 on September 22, 2025, as investor interest appeared to wane. The decline comes amid reports of large investors, or 'whales', shifting their focus to Digitap ($TAP), a new utility token.
Digitap has garnered attention by raising over $100,000 in its first 24-hour presale. The token is marketed as a potential 100x banking solution, offering an omnibank product that combines fiat and cryptocurrency in a single wallet. This shift suggests a growing market preference for tokens with tangible utility over traditional memecoins.
Dogecoin Falls 8.84% as Investors Pivot to Digitap
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