DOGE Price Dropped by 7%, Sales of Large Accounts Were Effective

DOGE Price Decline

Dogecoin (DOGE) price has dropped by 7% due to sales made by large accounts, falling below $0.13. This market fluctuation has raised concerns among investors.

Impact of Large Accounts

Market analyses show that high-volume sales have a significant impact on price. Large investors can change market dynamics by executing sales. Consequently, small investors are also negatively affected by these fluctuations.

Investor Reactions

With the decline, many investors have decided to sell, while some are considering this situation as a buying opportunity. In highly volatile cryptocurrencies like Dogecoin, sudden price movements are frequently observed.