Dogecoin Dips Amidst Liquidation Pressure on Meme Coins: Report
The price of Dogecoin has decreased by 2% as meme coins face liquidation pressure, according to reports. Trading conditions suggest a "sell-the-rally" environment. Resistance is established around $0.126 to $0.127, with only brief intraday bounces occurring. The development reflects the current market dynamics for meme-based cryptocurrencies.
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