[Dogecoin $0.16 Determines Life and Death, Do You Dare to Bet?]

Today, Dogecoin's price plummeted by 9.29%, dropping to $0.1726, and the key support level of $0.16 looks like it's about to break. Is this a buildup before a rebound, or the beginning of a further decline?

$0.16 and $0.13 are key support levels for Dogecoin. Yesterday, Dogecoin broke below the support of $0.20, with a closing price of only $0.1678, marking a drop of 13%, and market sentiment was quite low at one point. Now, $0.16 has become the focal point of the struggle between bulls and bears. If this level cannot hold, $0.13 may be the last line of defense.

Despite the significant price fluctuations, the number of Dogecoin wallet addresses has reached an all-time high, indicating that interest and participation in Dogecoin are still increasing. This may mean that Dogecoin is not fading away, but rather gathering strength. #狗狗币崛起 $DOGE