Dogecoin
Why Dogecoin is down 1.0% in the last hour
Analysis
Dogecoin (DOGE) slipped about 1.0% over the past hour as broader market sentiment likely weakened following reports that China is tightening its stance on crypto trading and real-world asset (RWA) activity. Bitcoinist highlighted the regulatory pressure, which can weigh on risk appetite across major and meme cryptocurrencies, contributing to modest near-term selling in DOGE.
Contributing Factors (1)
China Tightens Crypto Trading and RWA Stance as Maxi Doge Presale Climbs
Quick Facts: ➡️ China-linked warnings around RWA tokenization reframe ‘institutional on-ramps’ as potential illegal fundraising risk, chilling offshore-to-onshore distribution. ➡️ With $BTC near $67K,...
Move Details
Explanation Confidence
High confidence in the explanation based on source reliability and timing.