ArbDoge AI USD Price & Performance (AIDOGEUSD)

Dogecoin has seen a sharp 8% drop, reaching $0.158, as memecoins face a market-wide slump. The combined capitalization of memecoins fell by 7.5%, erasing $4.54 billion in value. Over $23 million in long DOGE positions were liquidated, signaling bearish momentum. The market's risk-off sentiment stems from macroeconomic uncertainties.1

The U.S. Consumer Sentiment Index dropped to 57.9 in March, its lowest since November 2022, highlighting growing economic pessimism. Inflation expectations surged to 4.9%, the highest in over two years. Tariff instability, including threats of new duties on European imports, has fueled market volatility and dampened confidence.23

Tesla shares rose nearly 3% after CEO Elon Musk announced plans to double U.S. production, recovering from a 15% drop the day prior. Musk's controversial DOGE initiative and declining sales in Europe and China have added challenges, but optimism around future growth has provided some relief to investors.45