Dogecoin’s #2 spot fails to impress investors as DOGE keeps losing its grip

According to CoinMarketCap, Dogecoin [DOGE] is now the second biggest cryptocurrency on the POW network after Bitcoin [BTC]. This development took place after the transition of Ethereum [ETH] to a proof-of-stake consensus mechanism. With a market capitalization of $7.94 billion, DOGE was positioned ahead of Ethereum Classic [ETC] with a market capitalization of $4.72 billion…