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Dogecoin Price Drops as 24-Hour Trading Volume Plunges 49%
Dogecoin experienced a sharp decline in trading activity as its 24-hour trading volume plunged 49% to $607 million. The cryptocurrency's price fell to $0.079, marking its fourth consecutive lower daily close following a previous $1.45 billion trading day. Amid the price drop, cryptocurrency whales accumulated 600 million DOGE near the $0.081 level. The market movement occurred alongside broader cryptocurrency market selling pressure and growing uncertainty. During this period, Bitcoin was priced at $81,635 while Ethereum traded at $2,407.