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Dogecoin Sheds 5% as Weekly Slide Nears 20% in Broad Crypto Pullback

Stronger economic readings cooled rate-cut hopes, pressuring speculative tokens.

Overview

  • DOGE traded around $0.2265 at last check, down about 5.18% on the day and underperforming Bitcoin and Ethereum.
  • The token has dropped nearly 20% over the past week, extending a multi-session losing streak.
  • Spot trading volume rose roughly 23% in 24 hours, pointing to heavier selling.
  • Futures open interest fell 4.53% to $1.20 billion, Coinglass data showed, and TradingView’s MACD flashed a sell signal.
  • Analyst KrissPax described the move as a short-term pullback within a four-year bull cycle, expecting another run for DOGE.