DOGE Drops 3.27% Amid $132M Losses and Market Volatility as Musk-Trump Dispute Fuels Attention

Dogecoin (DOGEUSDT) experienced a 3.27% price decline over the past 24 hours, with the current price at $0.15940 according to Binance. The price drop is primarily attributed to heightened market volatility amid a broader market reversal, significant liquidation events favoring bearish traders, and renewed public attention following a reported dispute between Elon Musk and President Donald Trump, which has historically influenced Dogecoin sentiment. Additionally, recent data shows Dogecoin investors realized $132 million in losses versus $5 million in profits, making it the only top 10 cryptocurrency with higher realized losses than profits in this period. Over the last 24 hours, Dogecoin’s trading volume ranged widely across sources, peaking at $943.33 million, with a market capitalization near $23.87 billion and a circulating supply of approximately 149.9 billion DOGE.