Dogecoin has experienced a decline of more than 15% following the launch of Donald Trump's new meme coin associated with Solana. The price of Dogecoin dropped from $0.4318 to $0.3652, marking a notable downward trend even as it maintains a 12% increase over the past week. Other meme coins are also witnessing significant decreases, with Fartcoin plummeting 19% and Dogwifhat down 11%. On a broader scale, the cryptocurrency market has declined by approximately 3% within the last 24 hours. Notably, Bitcoin remains steady at around $104,510 after reaching a new all-time high of $108,786 over the weekend, while XRP is slightly up at $3.28. Trump's coin is also seeing volatility, dropping roughly 22% to about $49 since its debut. This shift in market dynamics illustrates how new entrants can affect established cryptocurrencies like Dogecoin, as spotlight shifts to Donald Trump's tokens and away from legacy meme coins.

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