$DOGE drops by 10% – What is happening?
The cryptocurrency market just witnessed nearly a billion dollars in liquidations and $DOGE was hit hard as $56 million was wiped out in just one day.
Why did this happen:
→ Many altcoins were using leverage excessively (too much borrowed money in trades).
→ $BNB , along with $XRP and others, fell rapidly.
→ Meanwhile, $BTC remained largely stable, indicating that funds may be moving away from riskier currencies like $DOGE.
This could be a healthy reset after weeks of excessive trading.
Don't blindly chase the pump.
