DOGE Price News: Dogecoin Plunges 11% as Institutional Bets Exit

DOGE slips to $0.234 after 6-month high - BTC Ethereum Crypto Currency Blog

Short-term holders trigger correction by locking in gains. DOGE trades at $0.234, below key resistance at $0.245. Price could test $0.198 if $0.220 support fails. Dogecoin has shed 15% of its value after reaching a six-month high earlier this month, as a wave of profit-taking among short-term holders triggered a reversal in the memecoin’s recent rally. The downturn reflects a broader pattern of sell-offs across the cryptocurrency market, where t…

Dogecoin Plunges 22% After Hitting $0.28, Shocking Crypto Market

Dogecoin (DOGE) shocked traders with a sudden 22% drop, erasing most of its recent gains and halting bullish momentum. The meme token had surged past $0.28 in a strong rally, easily surpassing key moving averages, including the 50, 100, and 200 EMAs. Growing optimism and rising trading volume had fueled expectations of consolidation or mild retracement, not a steep reversal. The unexpected sell-off pushed DOGE from near $0.29 back to the $0.24 z…

DOGE in Freefall: Will It Snap Back or Sink Further?

DOGE is holding near $0.23 after a 7% dip. Daily trading volume has surged over 74%. The bearish hold has toughened, with the overall market cap falling back. All the crypto assets have lit the red candlesticks. Notably, the meme coin market cap has declined to $80 billion, following a 12.1% loss. The downturn has triggered the dog-themed meme coin, Dogecoin (DOGE), to tumble by over 7.21%.  In the early hours, DOGE traded at its high level of $…

DOGE Price News: Dogecoin Plunges 11% as Institutional Bets Exit

Share this article Dogecoin Plunges 11% as Institutional Bets Seen Exiting Amid Heavy Selloff Temporary support emerged at $0.23 by 21:00, driven by …

Dogecoin Drops 11% Amid Heavy Institutional Selling and Market Turbulence

Dogecoin (DOGE) experienced an 11% decline, falling from $0.26 to $0.24 during a volatile trading period marked by heightened institutional selling.

Dogecoin Price Faces Pressure Even as Whale Holdings Surge

Whale wallets now hold over 122.59 billion DOGE, making up 81% of the total supply, while retail investors remain on the sidelines. Dogecoin has dropped for three consecutive days, struggling to stay above $0.2867 and testing key support near $0.2590. Leading memecoin Dogecoin slipped on Wednesday. This happened even as whale wallets continued to accumulate more DOGE. The popular memecoin is now facing renewed selling pressure, and it is struggl…