DOGE Gets Crushed While BTC and ETH Hold Strong

Dogecoin (DOGE) just had a brutal day, and the numbers don't lie. While Bitcoin and Ethereum managed to keep their heads above water, the world's biggest meme coin took a serious beating that's got everyone talking.

DOGE Takes a Beating as BTC and ETH Stay Cool

Meanwhile, Bitcoin (BTC) and Ethereum (ETH) were playing in a completely different league. BTC only saw losses worth 2.5% of its profits ($33 million losses vs $1.3 billion profits), while ETH's losses were just 52% of its profits ($18.4 million vs $35.2 million). That's what you call staying power.

The thing is, DOGE is still riding on memes and hype, which makes it super vulnerable when the market gets choppy. Bitcoin and Ethereum? They've got real institutional backing, ETFs, and actual use cases keeping them steady.

Big Players Keep Buying BTC Like There's No Tomorrow

But they're still chasing MicroStrategy's Michael Saylor, who's sitting pretty with 592,345 BTC worth around $63.9 billion. Saylor's been all-in on Bitcoin since 2020, calling himself "irresponsibly long Bitcoin" and choosing it over stocks, cash, and even gold.

European Companies Jump on the BTC Bandwagon

It's not just American and Asian companies going crazy for Bitcoin (BTC). Europe's Blockchain Group recently grabbed 60 BTC for about 5.5 million EUR, bringing their total to 1,788 BTC with a mind-blowing 1,270.7% yield this year.

These corporate buying sprees show why Bitcoin and Ethereum keep their cool when things get rough, while meme coins like Dogecoin (DOGE) get tossed around like a salad. When serious money backs an asset, it tends to weather storms better than coins riding on Twitter buzz and celebrity endorsements.