Dogecoin Price Risks Up to $7 Billion Sell-Off: Here's How
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最新报道：Dogecoin (DOGE) experienced significant price volatility as over 7 billion DOGE, worth approximately $500 million, moved to exchanges in a single day, signaling potential sell pressure. The meme coin dropped 6% amid broader market declines, though it later recovered slightly. Analysts note that large exchange inflows often precede price drops, as traders may be preparing to offload holdings. Meanwhile, DOGE's open interest surged by 20%, indicating heightened trading activity. Despite recent fluctuations, Dogecoin remains a top-10 cryptocurrency by market cap, with ongoing speculation about potential integration into Elon Musk's X (formerly Twitter) platform fueling long-term interest.
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