The post Dogecoin Long Liquidations Rack Up As Price Crashes 10% appeared on BitcoinEthereumNews.com.

Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Data shows Dogecoin (DOGE) has seen significant long liquidations as its price has gone through a steep decline during the past day. Dogecoin Has Retraced Some Of Its Latest Recovery Following a breach of the $0.25 level to start the week, the trend appears to have flipped for Dogecoin again as its price has registered a plunge during the past day. Below is a chart that shows the recent price action for the memecoin. The price of the coin seems to have gone through bearish action most recently | Source: DOGEUSDT on TradingView As is visible in the graph, Dogecoin went to as low as the $0.217 mark in this crash, but the coin has since seen a bit of a rebound as it’s now back at $0.227. Though, despite this bounce, DOGE remains almost 10% in the red over the last 24 hours. The past day has also been red for most of the other cryptocurrencies, but DOGE has still stood out as one of the worst performers among the top tokens by market cap. That said, the memecoin is still among the best when past week’s timeframe is considered instead, as its price has gone up over 34% in this window. Speaking of the market cap, DOGE is currently the eighth-largest cryptocurrency in the sector, ahead of Cardano (ADA). Looks like the memecoin’s market cap is $33.7 billion at the moment | Source: CoinMarketCap DOGE & Other Coins Have Just Seen Notable Long Liquidations A consequence of the bearish price action across the cryptocurrency sector has been that liquidations have piled up over on the derivatives exchanges. “Liquidation” here refers to the process of forceful closure that any open contract has to go through after…

---

Filed under: News - @ May 14, 2025 6:24 am