Dogecoin (DOGE) Price Dips 4% Amid Cautious Trader Sentiment
The price of Dogecoin (DOGE) has decreased by 4% as traders exhibit caution towards meme tokens. According to reports, traders are showing a preference for crypto assets that demonstrate clearer institutional signals. The price decline occurred as traders sold into rallies and support levels weakened, reflecting a broader trend of risk aversion in the meme token market. The development suggests a shift in focus towards assets perceived as more stable or backed by institutional interest.
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