The Dogecoin price has dropped by over 12% in the past 24 hours, following the broader crypto market and US stock markets in experiencing losses. Memecoins like Dogecoin are particularly affected due to their high volatility. The current price of Dogecoin is $0.34, and it has broken below the $0.35 support level, leading to concerns of lower lows. Analysts predict that Dogecoin may retest $0.30, and caution against investing at the moment as the market is in a bearish downtrend.



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