DOGE Slides 5% as 60 Million Tokens Sold Amid Market Sell-Of

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DOGE Slides 5% as 60 Million Tokens Sold Amid Market Sell-Off and $21M Liquidations
Dogecoin (DOGE) is currently trading at $0.19256 with a 24-hour price decline of 5.00% and significant trading volume, reflecting its continued position as a top 10 cryptocurrency by market capitalization. The recent price drop is primarily attributed to a broader crypto market sell-off on May 30, with large holders selling 60 million DOGE, $21 million in long liquidations, and heightened volatility across major assets such as Bitcoin and Ethereum; these factors, combined with technical breaches of key support levels, have driven the downward movement in the last 24 hours.