Dogecoin (DOGE) has seen a sharp decline recently, falling more than 9% at one point and dropping below the key support level of $0.192. This decline has caused market sentiment to weaken significantly.
According to on-chain data, many DOGE holders are now taking profits. At the same time, the volume of open contracts and derivatives tied to DOGE has dropped. Major investors appear to be moving their funds back to exchanges to wait for new opportunities.
Analysis from FXStreet shows DOGE has fallen by over 2.6% and is showing clear signs of short-term weakness. If the decline continues, prices could fall further to around $0.15. Analysts also point to rising political tensions—such as those in the Middle East—and ongoing inflation as key factors adding pressure to DOGE and other altcoins.
Amid market volatility, OurCryptoMiner, a cloud mining platform, is gaining attention. The platform offers investors a way to earn stable returns, even during steep price drops in cryptocurrencies.
Using AI-powered tools for computing power allocation and earnings prediction, OurCryptoMiner turns investors in BTC, DOGE, and other coins into “computing power holders.” This strategy helps users generate passive income daily, regardless of market conditions.
