DOGE Slides 4.41% Amid $1.9B Trading Volume as Market Volatility Spurs Risk-Off Sentiment

Dogecoin (DOGE) experienced a 4.41% price decrease over the past 24 hours, currently trading at $0.10373 on Binance. The decline is primarily attributed to broad market volatility and a risk-off sentiment, which also impacted other major cryptocurrencies. Recent liquidations near $0.10324 and a notable 7% drop coincided with general market downturns and regulatory discussions, despite supportive comments from Elon Musk that briefly provided positive sentiment. DOGE maintained active trading, with 24-hour volume exceeding $1.9 billion and a circulating supply of approximately 168.6 billion coins, positioning it among the top cryptocurrencies by market capitalization.