The price of Dogecoin dropped by 0.46% to $0.24 due to broader market correction and Bitcoin's inability to sustain above $100k. The decline in whale activity, with a significant decrease in large transactions, is also contributing to the correction trend. Dogecoin's market capitalization is $36.7 billion, with a 24-hour trading volume of $1.92 billion. The decline in price indicates a bearish breakdown from the double bottom pattern, potentially leading to a 29% drop to $0.174. However, if buyers can reclaim the neckline support, they may regain control of the asset.



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