Dogecoin Shows ‘Huge Gap’ To $0.07: Is A Crash Imminent?
A widely watched on-chain profile for Dogecoin is flagging a striking absence of realized cost basis between roughly $0.19 and $0.07—an “air pocket” that could amplify volatility if price migrates into the range. Posting a Glassnode UTXO Realized Price Distribution (URPD): ATH-Partitioned chart, analyst NekoZ (@NekozTek) wrote: “There’s a huge gap on DOGE between $0.19 and $0.07.” URPD maps coins by their last on-chain transfer price, a proxy for where current holders acquired their coins. Dense clusters typically align with strong support or resistance; sparsely populated bands imply....
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Unlike larger-cap cryptocurrencies such as Bitcoin and Ethereum, the Dogecoin price remains low and is still a long way from its all-time high that was reached back in 2021. Now, especially with the crypto market seeing intense selling pressure all around, the Dogecoin price is still at risk of a massive decline, and this decline […]
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Crypto analyst Master Kenobi has unveiled a detailed analysis of how the Dogecoin price could rally to a new all-time high (ATH). In his analysis, he alluded to a similar crash that occurred in the 2017 bull run, which suggests that the foremost meme coin is ready to reach new highs. Why The Dogecoin Price […]
The flash crash that occurred last week shoot the crypto market. Top coins Bitcoin and Ethereum were down with the crash. And so was meme coin Dogecoin. Dogecoin, like most other coins, had spent the past month recovery from two-month lows when the crash had hit. Doge recorded losses of up to 18% with the […]
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