Dogecoin Drops 10% on the Week as Elon Musk Turns Attention to AI

The price of Dogecoin (DOGE) is down another 1.7% over the day and almost 10% on the week, dropping to a two-month low of $0.073, according to data from CoinGecko.

The world’s largest meme coin last traded at these levels on January 8 amid the resurging crypto market, which eventually took DOGE to $0.098 at the beginning of February.

Since then, it has been mostly pain for the asset, except for a short period in mid-February when DOGE surged more than 10%—from $0.080 to above $0.090—in the course of four days on the back of Tesla CEO Elon Musk joking he was talking to Rupert Murdoch about Dogecoin at the Super Bowl.

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