Dogecoin's price has seen significant movement over the past months. It experienced a substantial surge of 366% from October to the first week of December. However, this impressive growth led to profit booking by investors in early December.
This selling pressure has resulted in a substantial 32% decline in the price of Dogecoin. The cryptocurrency had been increasing by taking support, raising questions about whether this is merely a temporary dip or a more significant shift in market sentiment towards bearish trends.
The ongoing sell-off reflects a critical juncture for Dogecoin, testing its current market resilience.
Sumber: www.thecoinrepublic.com ↗
