{"id":59841,"date":"2025-09-22T12:04:41","date_gmt":"2025-09-22T12:04:41","guid":{"rendered":"https:\/\/crowdfundjunction.com\/blog\/dogecoin-price-crashes-11-as-bears-wipe-1-6b-off-the-crypto-market\/"},"modified":"2025-09-22T12:04:41","modified_gmt":"2025-09-22T12:04:41","slug":"dogecoin-price-crashes-11-as-bears-wipe-1-6b-off-the-crypto-market","status":"publish","type":"post","link":"https:\/\/crowdfundjunction.com\/blog\/dogecoin-price-crashes-11-as-bears-wipe-1-6b-off-the-crypto-market\/","title":{"rendered":"Dogecoin price crashes 11% as bears wipe $1.6B off the crypto market"},"content":{"rendered":"<p><b>(Originally posted on : CoinJournal: Latest Crypto News, Altcoin News and Cryptocurrency Comparison )<\/b><br \/>\n<\/p>\n<div data-site=\"CoinJournal\">\n<div class=\"-mt-16  mb-8  lg:-mt-20  rounded-md  shadow-md\">\n<div class=\"relative  z-10  post-article-image  rounded  overflow-hidden\" data-site=\"CoinJournal\">\n<picture><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2025\/09\/dogecoin-doge-smartcrop-750x375.webp\" type=\"image\/webp\" media=\"(min-width: 750px)\"\/><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2025\/09\/dogecoin-doge-smartcrop-363x181.webp\" type=\"image\/webp\"\/><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2025\/09\/dogecoin-doge-smartcrop-750x375.png\" type=\"image\/jpeg\" media=\"(min-width: 750px)\"\/><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2025\/09\/dogecoin-doge-smartcrop-363x181.png\" type=\"image\/jpeg\"\/>\n<\/picture>                            <\/div>\n<\/p><\/div>\n<ul>\n<li>Dogecoin\u2019s price fell 11% to $0.23, with a trading range of $0.23\u2013$0.26.<\/li>\n<li>Despite an earlier accumulation of 4.9 billion DOGE by large holders in August, recent data shows a 6% reduction in holdings by wallets with 10 million to 100 million DOGE.<\/li>\n<li>The launch of the first US Dogecoin ETF on September 12, 2025, failed to sustain bullish momentum.<\/li>\n<\/ul>\n<p>As the cryptocurrency market faced turbulence on Monday, Dogecoin (DOGE) experienced a sharp decline of over 11% in its price.<\/p>\n<p>This came as bearish sentiment drove a substantial sell-off, erasing over $1.7 billion in positions from the broader crypto market. Tokens such as <a href=\"https:\/\/coinjournal.net\/news\/pi-network-price-forecast-as-crypto-bloodbath-sinks-altcoins\/\">Pi Network fell more than 20%<\/a> in the past 24 hours.<\/p>\n<h2>Dogecoin price crashes<\/h2>\n<p>Dogecoin\u2019s value dropped by 10%, dropping to $0.23. This decline followed a period of consolidation, with DOGE trading between $0.23 and $0.26.<\/p>\n<p>DOGE\u2019s price drop aligns with broader market weakness and analyst caution.<\/p>\n<p>Despite holding around $0.23, the technical picture suggests bulls might have to defend levels below $0.20. Indeed, the $0.13 area and a potential 40% drop from current levels might be one to highlight.<\/p>\n<figure id=\"attachment_337137\" aria-describedby=\"caption-attachment-337137\" class=\"wp-caption alignnone\"><img loading=\"lazy\" fetchpriority=\"high\" decoding=\"async\" data-source=\"CoinJournal\" class=\"size-full wp-image-337137\" src=\"https:\/\/coinjournal.net\/wp-content\/uploads\/2025\/09\/DOGE_7D_graph_coinmarketcap.png\" alt=\"\" width=\"1200\" height=\"800\"\/><figcaption id=\"caption-attachment-337137\" class=\"wp-caption-text\"><a href=\"https:\/\/coinmarketcap.com\/currencies\/dogecoin\/\" target=\"_blank\" rel=\"noopener\">DOGE price chart<\/a> by CoinMarketCap<\/figcaption><\/figure>\n<p>\u00a0<\/p>\n<p>This bearish outlook is down to declining retail momentum.<\/p>\n<p>Despite earlier optimism surrounding the launch of the first US Dogecoin ETF and significant whale accumulation of 4.9 billion DOGE in August, the current sell-off has overshadowed these bullish catalysts.<\/p>\n<p>The Coin Days Destroyed indicator also signals potential further declines, as long-term holders have begun moving assets, a historically bearish sign.<\/p>\n<h2>DOGE price outlook as bears wipe $1.7 billion off crypto market<\/h2>\n<p>Bitcoin dropped to around $112k and the broader cryptocurrency market has not been spared.<\/p>\n<p>Per Coinglass data, bears wiped out $1.7 billion in value as major cryptocurrencies like Ethereum and XRP struggle to maintain key psychological levels.<\/p>\n<p>Dogecoin\u2019s 11% drop within 24 hours to $0.23 contributed to the overall market downturn.<\/p>\n<p>The sell-off has been made worse by weakening sentiment. Dogecoin\u2019s futures open interest has dropped significantly as holders reduce their positions.<\/p>\n<p>Data shows wallets holding 10 million to 100 million DOGE decreased their holdings by 6% in the past two months.<\/p>\n<p>Despite <a href=\"https:\/\/x.com\/Degen_Hardy\/status\/1970042174093078800\" target=\"_blank\" rel=\"noopener\">some analysts<\/a> viewing the current dip as a buying opportunity, the prevailing bearish trend suggests further volatility.<\/p>\n<p>If bulls fail to bounce, Dogecoin will potentially revisit support levels at $0.22 and $0.20.<\/p>\n<p>Investors might want to not only monitor technical indicators and market developments, but overall risk asset market outlook.<\/p>\n<p>This means a look at the interplay of whale activity, macroeconomic factors, and ETF-driven optimism. The latter benefitted from the launch of the REX-Osprey DOGE ETF, with an upbeat uptake on debut.<\/p>\n<p>However, Dogecoin\u2019s <a href=\"https:\/\/coinjournal.net\/news\/dogecoin-and-xrp-etfs-draw-massive-volume-on-first-day-of-trading\/\">initial reactio<\/a>n to the first US-listed DOGE ETF has waned. All eyes are on the upcoming deadlines for the SEC to approve or reject multiple proposals.<\/p>\n<div class=\"post-meta\">\n<hr class=\"mb-6\"\/>\n<h6 class=\"text-3xl  mb-4  text-green-300\">Share this article<\/h6>\n<hr class=\"mb-6\"\/>\n<h6 class=\"text-3xl  mb-4  text-green-300\">Categories<\/h6>\n<hr class=\"mb-6\"\/>\n<h6 class=\"text-3xl  mb-4  text-green-300\">Tags<\/h6>\n<\/p><\/div>\n<\/p><\/div>\n<p><a href=\"https:\/\/coinjournal.net\/news\/dogecoin-price-crashes-11-as-bears-wipe-1-6b-off-the-crypto-market\/\">Source link <\/a><br \/>\n<br \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>(Originally posted on : CoinJournal: Latest Crypto News, Altcoin News and Cryptocurrency Comparison ) Dogecoin\u2019s price fell 11% to $0.23, with a trading range of $0.23\u2013$0.26. Despite an earlier accumulation of 4.9 billion DOGE by large holders in August, recent data shows a 6% reduction in holdings by wallets with 10 million to 100 million [&hellip;]<\/p>\n","protected":false},"author":13,"featured_media":59842,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0},"categories":[35],"tags":[],"_links":{"self":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/59841"}],"collection":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/users\/13"}],"replies":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/comments?post=59841"}],"version-history":[{"count":0,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/59841\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media\/59842"}],"wp:attachment":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media?parent=59841"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/categories?post=59841"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/tags?post=59841"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}