Dogecoin Loses 14% in June Amid Bearish Dominance
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币界网报道：Dogecoin (DOGE) dropped 14% in June amid broader crypto market weakness, underperforming Bitcoin and Ethereum. The meme coin's price fell from $0.16 to $0.12 during the month, with trading volume declining 30% to $700 million daily. Analysts attribute DOGE's struggles to reduced retail investor interest and lack of major network developments. Technical indicators show strong bearish momentum, with the 50-day moving average crossing below the 200-day average - a classic "death cross" signal. While some traders see potential for a short-term bounce at $0.10 support, most remain cautious given the current risk-off sentiment across crypto markets
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Dogecoin bleeds 14% in June with $132 mln in unrealized losses – What now?
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