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Event ends: August 9, 16:00 UTC
More details: https://www
$DOGE Drops 10% – What’s Going On?
The crypto market just saw almost $1 billion in liquidations and $DOGE got hit hard with $56 million wiped out in just one day
Why it happened:
→ Many altcoins were heavily leveraged (too much borrowed money in trades).
→ $DOGE, along with $XRP and others, dropped fast.
→ Meanwhile, $BTC stayed mostly flat, showing that money might be moving away from riskier coins like $DOGE
This might be a healthy reset after weeks of overheated trading
Don’t chase pumps blindly