DOGE Slides 2.12% as Whale Selloff and Market Volatility Trigger $700M Crypto Losses

Dogecoin (DOGE) is currently trading at $0.19256 on Binance, reflecting a 2.12% decrease over the past 24 hours, with a 24-hour trading volume of approximately $2.15 billion and a market capitalization near $28.6 billion, maintaining its position as the 8th largest cryptocurrency. The recent price decline is primarily attributed to significant whale activity, including a selloff of around 60 million DOGE, broader market volatility with over $700 million in total crypto market losses, and ongoing uncertainty around ETF approvals; these factors have led to increased liquidations and bearish technical signals, despite continued interest from large holders and the launch of new mining options.