Krutika Adani
A DOGE whale has dumped nearly 119 million DOGE in multiple transactions.
Since Dogecoin was already in a weak zone for the last two weeks, the selling might have triggered DOGE’s crash below $0.1.
At $0.095, Dogecoin risks crashing another 30% to reach $0.07. If this crash happens, all the gains made by the cryptocurrency in this bull season will be erased.
Dogecoin’s fate currently depends on its ability to stay above $0.1. If the price remains under $0.095 long, DOGE may be sent towards the seven-cent support zone.
Crypto experts like Arthur Hayes have been expecting a crash in Bitcoin this week. If this crash happens, it may even drag Dogecoin down.