Dogecoin

Memecoin

Official Melania Meme

<p>Dogecoin traders have experienced<a href="https://cryptosnewss.com/dogecoin-breaks-out-of-bullish-pennant-is-a-rally-to-1-imminent/" rel="noopener noreferrer nofollow"> massive losses</a>, totaling over $65 million within 24 hours, marking the largest liquidation event of 2025. This sudden downturn came after DOGE surged to $0.43 on Sunday but later plummeted to $0.36, as per data from <a href="https://www.coinglass.com/LiquidationData" rel="noopener noreferrer nofollow">Coinglass</a>.</p><h2 id="header-0">The Liquidation Breakdown</h2><p>Of the $65 million lost, long traders suffered the most, with $54.81 million liquidated, while short traders lost $7.90 million. The initial price rebound to $0.43 triggered short liquidations earlier in the day, but as the price tumbled to $0.35 later, long positions were hit hard.</p><p>This liquidation wasn’t limited to Dogecoin. The crypto market as a whole saw over $1 billion liquidated within 24 hours, making it the largest event this year. Long positions accounted for $903.59 million of these losses, highlighting the market&#39;s vulnerability to sudden price movements.</p><h2 id="header-1">Market-Wide Impact</h2><p>The sharp decline in Dogecoin’s value coincided with a Bitcoin drop from $106,000 to $100,000, which dragged down altcoins, including DOGE. This chain reaction was partially attributed to the unexpected launch of the meme coin ‘<a href="https://cryptosnewss.com/trump-memecoins-under-fire-trump-and-melania-tokens-accused-of-pump-and-dump-scheme/" rel="noopener noreferrer nofollow">MELANIA</a>’ by US First Lady Melania Trump. The launch redirected significant liquidity from existing cryptocurrencies, causing widespread market turbulence.</p><p>Given Dogecoin’s strong price correlation with Bitcoin, the decline in BTC significantly influenced DOGE’s price trajectory. Analysts note that <a href="https://cryptosnewss.com/dogecoin-whales-accumulate-1-08-billion-bullish-signs-for-doge/" rel="noopener noreferrer nofollow">DOGE’s</a> crash was inevitable as Bitcoin faced pressure.</p><h2 id="header-2">A Glimmer of Hope for Traders</h2><p>Crypto analyst Kevin Capital has provided a ray of optimism, suggesting the market cycle is not over for Dogecoin. He emphasized that DOGE&#39;s gains since November 2024, fueled by Donald Trump’s election victory and the anticipation of Elon Musk’s Department of Government Efficiency (D.O.G.E.), have significantly boosted its price from $0.11 levels.</p><p>Capital urged Dogecoin investors to remain optimistic, as the current downturn is part of a larger market cycle. The analyst believes DOGE could recover in the coming months, supported by its strong community and growing use cases.</p><p>At the time of writing, Dogecoin is trading at approximately $0.36, reflecting an 8% drop in the past 24 hours, according to <a href="https://coinmarketcap.com/currencies/dogecoin/" rel="noopener noreferrer nofollow">CoinMarketCap</a>.</p><p>The post<a href="https://cryptosnewss.com/analyst-predicts-dogecoin-could-reach-new-all-time-high/" rel="noopener noreferrer nofollow"> </a><a href="https://cryptosnewss.com/dogecoin-plummets-to-65m-lost-in-largest-crypto-liquidation-event-of-2025/" rel="noopener noreferrer nofollow">Dogecoin Traders Face $65M Loss in 24 Hours Amid 2025&#39;s Largest Liquidation Event</a> appeared first on<a href="https://cryptosnewss.com/" rel="noopener noreferrer nofollow"> Cryptos Newss</a>.</p>

Dogecoin Traders Face $65M Loss in 24 Hours Amid 2025's Largest Liquidation Event

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