Dogecoin has lost the $0.13 level, and volatility expectations are rising.

Dogecoin has fallen below the $0.13 level due to intense spot selling and increasing derivative trading. This situation indicates that investors are expecting more volatility.

The futures trading volume for Dogecoin reached $260 million with a 53,000% increase. Despite the weakening spot price, volatility expectations are rising.

The $0.13 level is a critical threshold. If Dogecoin can reclaim this level, it may trigger short position liquidation. However, remaining below this level could lead to further declines.