🚨 $DOGE ALERT: Whale Dumps 40M Tokens – $0.20 Support in Danger!
A major Dogecoin whale just offloaded 40M $DOGE (~$9M), shaking market confidence and putting the $0.20 support line at risk. This isn’t just routine trading — it could reshape DOGE’s short-term outlook! ⚡
👉 Why it matters:
🔹 Whale exit: 40M DOGE signals big moves by deep-pocket holders.
🔹 Support at risk: $0.20 is both technical & psychological — a break could push DOGE to $0.18–$0.175.
🔹 Market sentiment: Large whale sells often trigger panic among retail traders.
📊 Analyst concerns:
🔹 Thin liquidity: Even moderate selling can move altcoins fast.
🔹 Capital rotation: Money is flowing into rival memecoins & presales, draining DOGE inflows.
🔹 Bulls’ fight: Defending $0.20 is crucial to avoid cascading losses.
⚡ Bottom line:
The 40M DOGE dump puts Dogecoin on red alert.
✅ If $0.20 holds → bulls may regain momentum.
❌ If $0.20 fails → rapid correction likely, affecting not just DOGE but overall memecoin sentiment.
⏳ Next 24 hours are critical!
Source: The Coin Republic
