Once hailed as the original meme coin and a pioneer in the world of cryptocurrency, Dogecoin (DOGE) is now facing a major obstacle as it falls out of the top 10 cryptocurrencies based on market value. Even though Dogecoin has been widely praised and experienced unexpected popularity in the past, concerns have arisen about its stability in the future due to its uncertain foundation and reliance on celebrity endorsements. While it is recognized as the top meme coin worldwide, Dogecoin’s close association with Elon Musk, its main celebrity supporter, has led to a restricted scope and lack of practicality. The lack of practicality in the real world has led investors to reassess its place in their investment portfolios. This adds to the uncertainty surrounding DOGE’s ability to remain a top player in the cryptocurrency space. Additionally, read about SpaceX, led by Elon Musk, now accepting Dogecoin for a mission to the moon that has been rescheduled. The recent exclusion of Dogecoin from the top 10 cryptocurrencies highlights how the digital currency market is constantly changing and evolving. As Chainlink (LINK) rises in the ranks to the top 10, DOGE is now pushed to a lower status as an outsider. This indicates a shift in how investors feel and what they value. Source. Bitcoin (BTC) and Ethereum (ETH) remain at the forefront of the cryptocurrency market despite changes in rankings.