60.6 percent down in twelve months and only 12th by market value: what to check before your purchase anniversary

The information provided in this article is for informational purposes only and does not constitute financial advice. Cryptocurrency investments carry a high degree of risk. Always conduct your own research.Dogecoin has lost 60.6 percent over twelve months, more than twice as much as Bitcoin, and now ranks only 12th by market value. For investors in Germany the calendar matters more than the next price level: the anniversary of the purchase decides whether a gain stays tax free and whether a loss still counts at all.Dogecoin trades at $0.0789 on Tuesday midday, or €0.0704. Over twelve months that is a loss of 60.6 percent, and the coin now ranks only 12th by market value. The figures come from CoinGecko, retrieved at 12:47 p.m. German time.Dogecoin loses 60.6 percent in twelve months and slips to 12th placeAnyone who bought a year ago is sitting on a loss of almost two thirds. The market value of Dogecoin stands at $12.34 billion, or €11.01 billion, with 156.40 billion coins in circulation. The price is 89.2 percent below its record of $0.7316 set on 7 May 2021.The number only becomes interesting in comparison. Of the eight large assets we track daily, only Polkadot has lost more o...