$DOGE BIG Dump 😯
Dogecoin (DOGE) has seen a sharp decline, dropping 25% in the past two days, and is now trading at precariously low levels. The token is nearing critical support at $0.20, sparking fears of a further decline amid the ongoing cryptocurrency market correction.
This week’s broader market downturn has significantly impacted major cryptocurrencies, with DOGE, as a leading meme coin, drawing attention for its dramatic fall. Investors are increasingly concerned about its ability to recover, given the heightened volatility.
A notable crypto expert recently tweeted about Dogecoin's price trends, identifying a key support level at $0.22076. The analysis highlights that DOGE is undergoing a corrective phase following its steep drop. The expert cautioned that if the support fails to hold, DOGE could slide below the $0.20 mark, raising alarms among traders and holders alike.
With sentiment on edge, DOGE’s next moves will be closely watched as the token battles to find stability.
