#CEXvsDEX101
On June 2, 2025, Dogecoin (DOGE) experienced a significant price decline, dropping below $0.20 to approximately $0.192. This downturn followed a series of sell-offs, including the transfer of over 312 million DOGE (valued at more than $60 million) to the Coinbase exchange, raising concerns about large investors’ intentions. 
Despite the decline, some analysts believe Dogecoin retains bullish momentum, particularly if it can maintain support between $0.188 and $0.190. However, continued selling pressure could lead to further depreciation.
