Dogecoin’s price dumped over 23%, falling from $0.11898 to $0.09166.
Over $11.95 million in DOGE was liquidated in the past 24 hours, mainly from long positions.
In the past 24 hours, Dogecoin (DOGE) has displayed a sharp decline of over 23%, plummeting from a high of $0.11898 to a low of $0.09166. This drop brings DOGE closer to reaching a new low for the year and reflects the broader impact of Bitcoin’s recent slide to $53,000, which triggered a widespread sell-off across the crypto market.
Dogecoin (DOGE) Price Chart (Source: TradingView)
The close correlation between major cryptocurrencies was evident as Dogecoin mirrored Bitcoin’s fall. At the time of writing, DOGE shows some recovery and is trading at $0.09584, and the market cap stands at $14.14 billion, with a daily trading volume surging over 69% to $1.69 billion.
The famous meme crypto is at the forefront of liquidations. The data from CoinGlass indicates that over $11.95 million worth of DOGE was liquidat
We współpracy z: https://thenewscrypto.com/dogecoin-faces-a-23-decline-heading-to-yearly-low/
