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Crypto

Dogecoin Takes the Hardest Hit in Cryptocurrency Market

Guavy AI Editorial Team
Instruments
DOGE SHIB PEPE DOG
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The cryptocurrency market experienced a mixed session yesterday, with Dogecoin (DOGE) taking the hardest hit. DOGE dropped nearly 4% and landed as the worst performer among the top 10 cryptocurrencies.

Shiba Inu (SHIB) declined by 1.65%, while Pepe (PEPE) slipped 1.85%. These smaller declines are attributed to their unique market stories, including SHIB's exchange outflows and PEPE's steady trading volume.

The warning from Santiment proved accurate as DOGE closed below the $0.071 level, giving control to sellers. A reclaim of this level would repair the setup described by Santiment.

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Disclaimer: Guavy is a data and market intelligence provider, not an investment advisor. The information, signals, and market analysis provided by the Guavy API and related services are for informational purposes only and are not intended as financial advice, investment recommendations, or an endorsement of any particular trading strategy. Trading in volatile markets, including cryptocurrency, carries significant risk and may not be suitable for all investors. Past performance is not indicative of future results. Users should consult with a qualified financial professional before making any investment decisions. Guavy makes no guarantee of trading profits or financial returns.

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