Dogecoin
Why Dogecoin is down 3.9% today
Analysis
Dogecoin fell 3.9% over the past 24 hours as large-holder activity and flow signals pointed to distribution pressure. AMBCrypto reported whales redistributed roughly 410M DOGE, which can weigh on price when big wallets rotate or sell into the market.
Contributing Factors (3)
$1,410,000,000 DOGE in 24 Hours: Key Dogecoin Signal Just Flashed
Dogecoin has flashed a key signal as the crypto market anticipates recovery.
Dogecoin or Shiba Inu (SHIB) for February? Meme Coin Price History Reveals 397% Imbalance
Shiba Inu has never lost a February to Dogecoin, and the historical data shows a staggering 397% performance gap. With ETF flows caging DOGE, SHIB may run wild once again.
Dogecoin β Understanding the impact of whalesβ redistribution of 410M DOGE
21Shares's launch of Dogecoin ETF is likely to have a significant impact.
Move Details
Explanation Confidence
High confidence in the explanation based on source reliability and timing.