DOGE Dips 2% Amid $40M Whale Sell-Off and Solana Integration, Trading Volume Surges

Dogecoin (DOGE) is currently trading at $0.23373, reflecting a 2.07% decrease over the past 24 hours, with a 24-hour trading volume exceeding $3.3 billion and a market capitalization ranking it among the top 10 cryptocurrencies. The recent price decline follows a period of heightened volatility and comes amid significant developments, including DOGE’s integration into the Solana ecosystem via Wormhole and large-scale whale activity, such as a $40 million sell-off by a major holder. Despite strong investor sentiment and increased network activity, the short-term price pressure appears linked to profit-taking by major holders and broader market adjustments after DOGE’s recent rally, even as long-term momentum remains supported by ongoing accumulation and ecosystem expansion.