Dogecoin
Why Dogecoin is down 1.3% in the last hour
Analysis
Dogecoin slipped 1.3% over the past hour as broader selling pressure continued, consistent with reports that DOGE has been in a sharper pullback recently. AMBCrypto noted that despite the price decline, futures funding rates have remained positive, suggesting leveraged traders are still positioned long even as spot price weakens—an imbalance that can coincide with continued downside pressure.
Contributing Factors (1)
Dogecoin price drops 14%, but futures funding stays positive — Why?
Funding is still in the green despite the fall.
Move Details
Explanation Confidence
Moderate confidence. Multiple factors may be contributing.