25 million Dogecoin (DOGE) liquidated in 24 hours
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This liquidation was triggered as the price of DOGE slipped to $0.1191, down by 5% in the past 24 hours. At the current price, DOGE is now trading at one of its lowest levels over the past month, a trend that suggests a price floor might have formed.Dogecoin has very sensitive price action, often influenced by both market trends and its bullish on-chain activities. Should the bottom have finally formed, chances are that DOGE will start printing a major price rebound from the current level.
In the short term, DOGE’s price target is set at $0.1745, the highest level it has recorded over the past month.Godfrey Benjamin is an experienced crypto journalist whose main goal is to educate everyone around him about the prospects of Web 3.0. His love for crypto was birthed when, as a former banker, he discovered the obvious advantages of decentralized money over traditional payments.
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