The global crypto market registered a marginal recovery over the past day. The Total market cap has surged to stand at $1.02 trillion.

The 24-hour market volume has seen a dump of more than 22.35% to stand at $80.09 billion.

Following Elon Musk’s Twitter acquisition confirmation last week, the price of Dogecoin (DOGE) went through the roof. For the first time since May of this year. DOGE surpassed the $0.01 mark and temporarily exceeded $0.14. On Monday, DOGE took a small breather, but it was not to last long.

Dogecoin, the world largest meme token price has dropped by a whopping 10% over the past 24 hours. The price drop has come amid the Twitter outage after Elon Musk took a decision to mass lay off Twitter employees.