Why Is Dogecoin Dropping? Can $0.17 Hold or Is a Bigger Crash Ahead? - Cryptolandoff

Why Is Dogecoin Dropping? Can $0.17 Hold or Is a Bigger Crash Ahead?

Dogecoin has plummeted 50% from its recent highs, currently testing the crucial $0.17 support level.

The sell-off was triggered by a market-wide correction, wiping billions from the crypto market cap.

Memecoins like DOGE tend to suffer bigger corrections due to their high volatility and speculation.

If $0.17 fails to hold, DOGE could see further downside with the next support around $0.14.

Traders are closely watching whale movements and volume trends for signs of a potential reversal.