Dogecoin (DOGE) experienced a significant price drop from $0.27 to $0.25 during the September 21–22 trading session. This decline was primarily driven by institutional traders selling off more than 2.15 billion DOGE tokens. The sell-off led to the breach of key support levels, establishing new resistance around $0.27. Currently, Dogecoin is consolidating at $0.25, with market participants closely monitoring for future price movements.
Dogecoin Drops to $0.25 as Institutions Sell 2.15 Billion Tokens
Disclaimer: The content provided on Phemex News is for informational purposes only. We do not guarantee the quality, accuracy, or completeness of the information sourced from third-party articles. The content on this page does not constitute financial or investment advice. We strongly encourage you to conduct you own research and consult with a qualified financial advisor before making any investment decisions.