DOGE Slides 3.99% as $1.3B Volume Signals Volatility Amid Profit-Taking and Market Uncertainty

Dogecoin (DOGE) experienced a 3.99% price decline over the past 24 hours, trading at $0.16862 on Binance, with the drop largely attributed to increased market volatility, profit-taking by holders, and a generally bearish sentiment across the broader crypto market. The recent 22% pullback was triggered by DOGE testing key support levels after failing to break above $0.18 resistance, compounded by macroeconomic uncertainties and ongoing regulatory concerns. Trading volume remained elevated, peaking at over $1.3 billion, while Dogecoin maintains a top 10 market cap ranking and a circulating supply of approximately 149 billion coins. Elevated on-chain profit realization and increased activity from inactive wallets signal continued short-term volatility.