2026-01-02 07:25:18

DOGE has been quite the roller coaster since last year, hasn't it? The meme coin started strong but it looks like the recent wave of selling pressure is catching up. Market conditions have shifted significantly—what looked like sustainable gains back then turned into a series of pullbacks.

A lot of traders are wondering what's next for Dogecoin. Will it find support at current levels, or are we looking at further consolidation? The broader crypto market dynamics are playing a huge role here. When Bitcoin moves, everything else tends to follow suit.

What's your take on DOGE right now? Are you holding, adding, or sitting on the sidelines? The sentiment in the community seems split—some see it as an opportunity, others are taking profits. Either way, it's definitely a coin worth keeping an eye on given its market cap and trading volume.

DOGE10,12%

BTC2,6%

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SchrodingerGas

· 8h ago

DOGE's recent decline essentially means that the equilibrium of speculation has been broken. The previous rational expectation of "sustainable growth" was just an illusion. On-chain evidence is clear: large holders are frantically fleeing, while retail investors are still dreaming of a market rescue... Now, it's basically market efficiency self-correcting, which can be politely called a "healthy adjustment," or harshly described as a chopstick plucking routine. When Bitcoin moves, everything follows—this is about minimizing interaction costs—either bottom fishing or clearing out, with no third option. Right now, I’m just looking at on-chain data; if gas fees don’t spike, I might test the support levels... But honestly, those entering now are either making huge profits or are true warriors.

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AlwaysQuestioning

· 8h ago

Is this wave of doge still going to fall? I already sold it early on, now I'm just watching Bitcoin's movements.

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GasFeeCrying

· 8h ago

Doge this wave is really exhausting people to death, I don't even dare to look at the K-line anymore... When BTC moves, the whole market follows suit, which is ridiculous. Holding it anyway, it can't fall much further, just for retirement. Talking about support levels, it's better to see how BTC's mood is. Some people really take meme coins seriously, I just do it for fun. Adding positions now? Are you crazy? Wait a bit longer to see where the bottom is. The divergence is so severe, some are bottom-fishing while others are cutting losses. Anyway, I'm holding on in a semi-dead state.

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CommunityLurker

· 8h ago

Doge really underperformed this time; I should have just run at the high point.

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MoonWaterDroplets

· 8h ago

Doge's performance this time was really disappointing. You should have gotten out earlier, bro.

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