DOGE Slides 2.64% Amid $594K Long Liquidations and Market Volatility, Holds Top 10 Status

Dogecoin (DOGEUSDT) experienced a 2.64% decline over the past 24 hours, with the current price at $0.19364 according to Binance data. The price movement is attributed to heightened market volatility, as reflected in significant futures open interest, increased exchange balances, and over $594,000 in long liquidations. Mixed technical signals and profit-taking by large holders following recent gains, combined with broader market uncertainty ahead of key economic data releases, have contributed to the downward pressure. Trading volume remains robust, and Dogecoin maintains a market capitalization of approximately $28.8 billion, ranking it as the 8th largest cryptocurrency.