Dogecoin 'Key Support' At Level Where 28 Billion DOGE Changed Hands, Says Analyst: What It Means For The Popular Memecoin
Benzinga·2025-12-18 12:33
Dogecoin (CRYPTO: DOGE) extended its losses on Wednesday, mirroring a broader decline across the cryptocurrency market.DOGE Sees Massive Liquidation Of Bullish BetsThe world’s largest memecoin by market capitalization fell over 4% in the last 24 hours, worse than Bitcoin (CRYPTO: BTC) and XRP (CRYPTO: XRP) . Dogecoin’s trading volume surged 47% to $1.42 billion, suggesting high selling pressure.Speculative activity on the coin weakened, with open interest in DOGE futures falling 4.34% in the last 24 hours, ...