Dogwifhat Coin Crash 🔻 – Triggered by Powell’s Hawkish Tone!
Just after #PowellRemarks came out this week, Dogwifhat coin took a dramatic 16% drop in a single day, sliding from around $0.030 to $0.025 😱📉. This crash was triggered by Fed Chair Jerome Powell’s hawkish stance, warning that rate cuts were unlikely—spooking both stock and crypto sentiment .
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As Powell emphasised that monetary policy would stay cautious, broader markets responded with selling pressure. Meme coins, always highly sentiment-driven, felt the brunt—Dogwifhat and others like PEPE and Bonk all plunged around 13–16% that day, confirming just how sensitive this space is to macroeconomic signals . Even Bitcoin fell ~5% in parallel moves.
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But every deep slide sparks interest: post-crash, Dogwifhat shows signs of stabilizing. Trading volumes briefly spiked, but have now calmed bit by bit 🔄. If key support at $0.025 holds and broader risk sentiment improves, a bounce toward $0.032–$0.035 could be possible, presenting a short-term rebound opportunity for nimble traders.
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💡 What You Can Do:
Watch for entry near $0.025–$0.026 with tight stop-loss under $0.024
Consider a quick rebound strategy aiming for 20–30% upside
But remain cautious—meme coins remain highly unpredictable, especially during macro event cycles like Fed remarks 🌪️
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📌 In summary:
#PowellRemarks triggered a swift and sharp drop in Dogwifhat, underlining how Fed commentary can move speculative crypto. If you understand the added risk, the current dip might be a brief window to pick up some at a discount. Still, keep trades small, accountable, and with exit plans in place 🔍
#CryptoStocks #CryptoCrash #Dogwifhat #PowellRemarks