You read that right, Dogecoin has dropped 4% in the past two days, with the price sliding to around $0.19. Many people are confused: wasn’t it said that interest rates didn’t rise? Why is the coin still falling?

Let’s briefly discuss the reasons

Here’s the situation: The Federal Reserve has just announced that it will keep interest rates unchanged. Initially, everyone thought "no rate hike = market relief," but this actually triggered risk-averse sentiment, especially for high-risk assets. And for Dogecoin, which is a **"high beta meme coin"**, the volatility is already significant, like sitting in the front row of a roller coaster, reacting quicker than anyone else to any slight movement.

What are the big investors thinking? They have started to become conservative in their risk assessment of the entire market, worrying about the uncertainty of future economic trends, and as a result, they are pulling money out of these "assets that rise quickly but fall hard." #加密市场反弹