DOGE Price Drops 7% Below $0.13 Amid Whale Selling Pressure

The price of Dogecoin (DOGE) has experienced a significant decline, falling over 7% and dropping below the key psychological level of $0.13. This sharp downturn is primarily attributed to substantial selling activity linked to cryptocurrency whales—large holders whose trades can move markets. Analysts are monitoring the situation closely, as such whale-driven sell-offs often signal increased volatility and can lead to further short-term price pressure. The broader crypto market sentiment remains a key factor influencing DOGE's recovery potential from this dip.