The cryptocurrency market cap experienced a net outflow of $27.6 billion, with Bitcoin and Ethereum losing 2.4% and 2.7%, respectively. All top 10 crypto assets recorded losses, led by Dogecoin's 9.8% drop. However, amidst this downtrend, five altcoins surprisingly emerged as the day's top gainers. Unlock the insights that lie beyond the market movements in our exclusive Alpha article.
![CryptoSlate wMarket Update: Dogecoin plunges below $0.09 on a tumultuous red day](https://cryptoslate.com/wp-content/themes/cryptoslate-2020/imgresize/timthumb.php?src=https://cryptoslate.com/wp-content/uploads/2023/04/wmarket-apr6.jpg&w=70&h=37&q=75)
CryptoSlate wMarket Update: Dogecoin plunges below $0.09 on a tumultuous red day
The wMarket Update condenses the most important price movements in the crypto markets over the reporting period, published 07:45 ET on weekdays.
![](https://cryptoslate.com/wp-content/uploads/2022/12/samuel-wan-author-150x150.jpg)
![CryptoSlate wMarket Update: Dogecoin plunges below $0.09 on a tumultuous red day](https://cryptoslate.com/wp-content/uploads/2023/04/wmarket-apr6-768x403.jpg)
Cover art/illustration via CryptoSlate. Image includes combined content which may include AI-generated content.
In this article
Bitcoin, a decentralized currency that defies the sway of central banks or administrators, transacts electronically, circumventing intermediaries via a peer-to-peer network.
![Ethereum](https://cryptoslate.com/wp-content/themes/cryptoslate-2020/imgresize/timthumb.php?src=https://cryptoslate.com/wp-content/uploads/2017/08/ethereum-logo-2022.jpg&w=40&h=40&q=75)
Ethereum is a decentralized, open-source blockchain platform that enables the creation of smart contracts and decentralized applications (DApps).
![Steem](https://cryptoslate.com/wp-content/themes/cryptoslate-2020/imgresize/timthumb.php?src=https://cryptoslate.com/wp-content/uploads/2017/09/steem-logo.jpg&w=40&h=40&q=75)
Steem is a blockchain-based social media platform where anyone can earn rewards by posting relevant content, curating quality content by upvoting and by holding Steem based currencies in a vest fund, which generates interest..
![Ontology](https://cryptoslate.com/wp-content/themes/cryptoslate-2020/imgresize/timthumb.php?src=https://cryptoslate.com/wp-content/uploads/2018/03/Ontology-logo.jpg&w=40&h=40&q=75)
Ontology is a new generation public blockchain project & a distributed trust collaboration platform..
![LUKSO (Old)](https://cryptoslate.com/wp-content/themes/cryptoslate-2020/imgresize/timthumb.php?src=https://cryptoslate.com/wp-content/uploads/2020/06/lukso.jpg&w=40&h=40&q=75)
LUKSO, the Blockchain for the new digital lifestyle is created by former Ethereum Developer Fabian Vogelsteller, author of ERC20 and ERC725, developer of web3.js and the Mist Browser.
![Civic](https://cryptoslate.com/wp-content/themes/cryptoslate-2020/imgresize/timthumb.php?src=https://cryptoslate.com/wp-content/uploads/2017/09/civic-logo.jpg&w=40&h=40&q=75)
Civic allows for on-demand, secure and lower cost access to identity verification via the blockchain..
![Klaytn](https://cryptoslate.com/wp-content/themes/cryptoslate-2020/imgresize/timthumb.php?src=https://cryptoslate.com/wp-content/uploads/2020/03/klaytn-logo.jpg&w=40&h=40&q=75)
Klaytn is Kakao’s enterprise-grade, service-centric platform that aims to bring a user-friendly blockchain experience to millions of users.
![ICON](https://cryptoslate.com/wp-content/themes/cryptoslate-2020/imgresize/timthumb.php?src=https://cryptoslate.com/wp-content/uploads/2017/09/ICON-logo.png&w=40&h=40&q=75)
Founded in August 2017, ICON has spent many years fostering its L1 ecosystem and pushing for sustainable cross-chain development infrastructure.
![FLEX](https://cryptoslate.com/wp-content/themes/cryptoslate-2020/imgresize/timthumb.php?src=https://cryptoslate.com/wp-content/uploads/2020/02/coinflex-logo.jpg&w=40&h=40&q=75)
FLEX is the coin that powers CoinFLEX, a physically settled futures exchange.
![PlayDapp](https://cryptoslate.com/wp-content/themes/cryptoslate-2020/imgresize/timthumb.php?src=https://cryptoslate.com/wp-content/uploads/2021/08/playdapp-logo-1.jpg&w=40&h=40&q=75)
PlayDapp is a dApp game portal that provides C2C Marketplace.
![0x](https://cryptoslate.com/wp-content/themes/cryptoslate-2020/imgresize/timthumb.php?src=https://cryptoslate.com/wp-content/uploads/2017/09/0x-logo.jpg&w=40&h=40&q=75)
0x is an open, permissionless protocol allowing for ERC20 tokens to be traded on the Ethereum blockchain..
![Solar](https://cryptoslate.com/wp-content/themes/cryptoslate-2020/imgresize/timthumb.php?src=https://cryptoslate.com/wp-content/uploads/2019/08/solar-logo.jpg&w=40&h=40&q=75)
Solar is a community-driven project that operates on a safe and secure layer-1 blockchain framework.