Dogecoin crashes 55% – But THIS points to a DOGE reversal

ambcryptoPublished on 2025-10-11Last updated on 2025-10-11

Key Takeaways

Why did DOGE crash?

The price of Dogecoin crashed following a broader market correction that resulted from President Trump’s tariff hike suggestion.

Is this the start of a bull market?

Analysts suggested such crashes trigger trends in bull markets, which could lead to a DOGE price reversal.

Dogecoin [DOGE] price crashed following the tensions ignited by President Donald Trump’s post on the Truth Social platform. Trump hinted at hiking tariffs for China, which resulted in the broader financial market crashing.

The memecoin was among the biggest losers in the last 24 hours. The drop happened simultaneously across all markets, with DOGE losing about $6 billion in capitalization.

DOGE price crashes!

On the charts, DOGE dropped by more than 55% from the onset of the post. The memecoin made a new low for the year of around $0.09. This was after having stayed below its yearly highs to date.

Dogecoin has broken below the price range it maintained since mid-February. 

At the time of writing, it was stabilizing just under $0.20, with the Relative Strength Index (RSI) showing an oversold reading of 34.

doge dogecoindoge dogecoin

Source: TradingView

If the current levels hold, Dogecoin could bounce back above the resistance at the $0.28 to $0.30 level. Upon clearing this level, DOGE could eye the $0.48 to $0.50 zone, the previous bull season highs.

Still, further drops or consolidations could be expected in the meantime.  However, the dip is being bought hard, as the $11 billion trade volume seen in the charts suggests.

Sellers still dominate

The Spot Taker CVD analysis revealed that sellers maintained control over the last few days of October.

This was an indication that more drops could be anticipated in the short term before a reversal was seen. However, they were getting exhausted.

dogedoge

Source: CryptoQuant

But this continued selling could drive buyers to trigger their long positions, which were resting below current levels.

Is this the start of a bull market?

According to some analysts, the market was setting up for a bullish run, just like last year. In a post, Cephii backed this sentiment on X (formerly Twitter), writing,

“All $DOGE longs were liquidated. This is usually how bull markets begin…”

The chart clearly showed that long positions were wiped out, with DOGE stabilizing near $0.18. 

Since large order clusters sat below $0.20, especially around $0.179 with $7 million in orders and another $6.74 million just beneath, the price could likely dip slightly below $0.18 before potentially reversing.

doge dogecoindoge dogecoin

Source: CoinGlass

In the meantime, the largest concentration of liquidity clusters was above $0.24. The zone was the next and most realistic target, looking at the current market outlook of Dogecoin.

Next: SUI’s trading frenzy spikes 350% after 22% crash – Is $1.65 next?
Share

Trending Cryptos

ctr
CitreaCTR
wstusdt
wrapped stUSDTWSTUSDT
apr
CapricornAPR
ctx
Cryptex FinanceCTX
audio
AudiusAUDIO
comp
CompoundCOMP
mantra
MantraMANTRA
waxl
AxelarWAXL
bill
Billions NetworkBILL
pyth
PYTH (Pyth)PYTH
rune
THORChainRUNE
brev
BrevisBREV
zrx
ZRX（0X）ZRX
cake
PancakeSwapCAKE
dos
DAPPOSDOS

Related Reads

Robotic GPT-3 Moment Shakes Silicon Valley: Zero Lines of Code, Learns Instantly, with Investments from Jensen Huang and Fei-Fei Li

Generalist AI's newly released robot foundation model GEN-1.5 is being hailed as the "GPT-3 moment" for embodied AI. The model demonstrates remarkable one-shot and few-shot learning capabilities in physical manipulation tasks. By watching a single 3-12 second demonstration video (physical prompting) without any training or code, the robot can attempt the task with a 59% average success rate across 10 tasks. With just 5 minutes of demonstration data and minimal fine-tuning (10 gradient steps), the success rate jumps to 83%. The most significant breakthrough is the emergence of spontaneous, improvisational problem-solving abilities not present in the training data. For instance, after learning to sweep blocks with a brush, the robot can adapt to use a banana similarly or switch to a completely new "scoop-and-pour" strategy when given a dustpan. Other emergent behaviors include removing obstacles, correcting errors, and spontaneously sorting objects. These capabilities stem from over 8 months of large-scale pre-training on physical interaction data, suggesting the existence of a Scaling Law for embodied intelligence—where model generalization improves with more data and training time. This approach drastically reduces the cost and expertise needed to teach robots new skills, potentially democratizing robot programming. The release coincides with a surge in the humanoid robotics sector, marked by events like the World Robot Conference and significant investments. While the demonstrated tasks are still relatively simple, the scaling trend and emergent behaviors point toward a future where general-purpose robot "brains" could be easily adapted to various hardware "bodies," reshaping the industry's competitive landscape.

marsbit6m ago

Robotic GPT-3 Moment Shakes Silicon Valley: Zero Lines of Code, Learns Instantly, with Investments from Jensen Huang and Fei-Fei Li

marsbit6m ago

Semiconductor Industry Sees a New Wave of Price Hikes, with STMicroelectronics, Maxscend and Others Increasing Prices Intensively

The semiconductor industry is experiencing a new wave of price increases driven by supply-demand dynamics and rising costs. Throughout August, multiple international and domestic semiconductor companies have issued price adjustment notices to clients, with a focus on analog and RF chips. Key companies adjusting prices include STMicroelectronics, which is implementing its third price hike in 2026 effective August 23, citing sustained demand pressure and rising costs across the supply chain. Analog Devices, Inc. (ADI) has also announced a second price increase for 2026, effective September 13, due to "unprecedented" demand growth and escalating manufacturing costs. In China, RF chip leader Zhuosheng Microelectronics issued a price adjustment notice for its full RF product line, effective September 1, its first hike this year, attributing it to rising raw material and foundry costs. Additionally, Chinese MCU manufacturer Nations Technologies announced a 10-20% price increase for some products from October 1. This new round of price hikes has shifted its focus to mature process nodes (e.g., analog, RF, power, MCUs), partly due to AI computing demand consuming 8-inch wafer capacity. This contrasts with the first half of 2026, when the surge was led by AI memory chips like HBM and server DRAM. Analysts note that the long lead time for expanding analog/power semiconductor capacity (18-24 months) may sustain price resilience in the short term. However, downstream manufacturers' cost tolerance and fluctuating global demand could become constraints, potentially limiting further significant price increases. Companies have linked the hikes to ensuring future supply stability by funding capacity expansion.

marsbit9m ago

Semiconductor Industry Sees a New Wave of Price Hikes, with STMicroelectronics, Maxscend and Others Increasing Prices Intensively

marsbit9m ago

Cursor Launches the Strongest "Automatic Workhorse" Mode, /goal Dominates the Scene

Cursor's latest major update supercharges its Cloud Agents with autonomous, persistent workflows. The headline feature is `/goal`, transforming one-off tasks into continuous objectives—like fixing all flaky tests until CI stays green—where the Agent works unattended until the goal is met. New "Subscriptions" allow cloud-based Agents to autonomously monitor event sources like GitHub PRs, Slack threads, or schedules. An Agent can now own a PR from creation through merge, automatically handling CI failures or bot comments without human intervention. The update also enables sub-agents to run in isolated cloud VMs with their own project copies, allowing parallel work without conflicts. Additional tweaks include "Custom Modes" to lock an Agent into a specialized skill and "Steering," which queues user interruptions until the Agent's next tool call. Cursor reveals that over 35% of its internally merged PRs are now autonomously created by cloud Agents, up from 30% in February 2026. Accompanying this shift, the "Auto" pricing tier will transition to model-based billing starting August 24, making the cost of running these high-autonomy agents more granular. This evolution moves the developer's role from writing code to managing AI agents that handle coding, PRs, CI, and testing—fundamentally reshaping the software development pipeline.

marsbit9m ago

Cursor Launches the Strongest "Automatic Workhorse" Mode, /goal Dominates the Scene

marsbit9m ago

MemeCore to List on Nasdaq as Part of $1 Billion Deal

MemeCore has entered into a $1 billion agreement with publicly-traded company ZeroStack (NASDAQ: ZSTK), which develops decentralized AI infrastructure. Key ecosystem participants Puple AI Inc. and Blockcat Pte. Ltd. are involved in the deal. As part of the agreement, these companies will transfer 925.9 million MemeCore ($M) tokens to ZeroStack at $1.08 per token, totaling $1 billion in assets. In return, they will receive 3.5 million shares of ZeroStack and warrants to purchase up to an additional 36.2 million shares. The warrant exercise price is set at $25.19, over 12 times ZeroStack's recent market price. Issuing the additional shares requires shareholder approval per Nasdaq rules and will be subject to a lock-up period of up to 10 years. This transaction will allow MemeCore to go public and link its meme culture-based blockchain ecosystem with ZeroStack's decentralized AI focus. The companies also plan to explore collaboration in decentralized AI, digital assets, consumer applications, and blockchain economics.

cryptonews.ru10m ago

MemeCore to List on Nasdaq as Part of $1 Billion Deal

cryptonews.ru10m ago

Solana cuts blockchain slot time to 350 milliseconds

Solana has reduced its blockchain slot time to 350 milliseconds, the first reduction since the network's launch. According to Solana Foundation VP of Technology Jacob Creech, this marks a "new era" with a next target of 300ms. Average slot times are currently 360ms, down from the original 400ms target. The reduction is part of a broader plan to eventually cut slot times to 200ms to improve network latency and confirmation speed. This initial cut is the first of four planned 50ms reductions. The changes, formalized in the approved SIMD-0525 proposal, are slated for implementation in the upcoming Agave v4.2 validator client, though the schedule remains tentative.

cointelegraph11m ago

Solana cuts blockchain slot time to 350 milliseconds

cointelegraph11m ago

Trading

Spot

Hot Articles

What is DOGE M

Doge Matrix ($doge m): The New Breed of Community-Driven Cryptocurrency Introduction In the ever-evolving landscape of cryptocurrency, new projects constantly emerge, each aiming to capture the interest of investors and enthusiasts alike. One of the latest entrants to this domain is Doge Matrix, represented by the ticker symbol $doge m. This project has attracted attention thanks to its roots in the popular meme culture surrounding Dogecoin, establishing its place within the web3 space. This article aims to provide a comprehensive analysis of Doge Matrix, covering its overview, creator, investors, functionality, timeline, and notable aspects. What is Doge Matrix ($doge m)? Doge Matrix is a community-driven cryptocurrency project that seemingly builds upon the widespread appeal of Dogecoin, a digital currency known for its Shiba Inu mascot and its meme origins. While the overarching objectives of Doge Matrix are not extensively defined, it is characterized by a commitment to harnessing community involvement and support. Unlike traditional cryptocurrencies that often emphasize utility or intrinsic value through underlying technologies, Doge Matrix positions itself within a space that embraces the cultural phenomenon of cryptocurrencies, particularly appealing to those who resonate with the ethos of meme-based assets. Drawing on the strengths of the Dogecoin community, Doge Matrix operates as part of a broader ecosystem, inviting participation and engagement from users who share an interest in cryptocurrency and the digital landscape. Who is the Creator of Doge Matrix ($doge m)? The identity of the creator of Doge Matrix remains unknown. This lack of transparency is not an uncommon occurrence in the cryptocurrency space, where some projects are launched without revealing the identities of their founders. The absence of information regarding the founding team can raise questions among potential investors about the project’s accountability and direction. Who are the Investors of Doge Matrix ($doge m)? As it stands, there is no publicly available information detailing the investors or investment foundations that back Doge Matrix. The project appears to rely primarily on community support rather than institutional investment. This model aligns with the community-driven nature of the initiative, fostering an environment where the direction of the project is shaped by its participants rather than being dictated by a select few financial backers. How Does Doge Matrix ($doge m) Work? The specifics regarding the operational mechanisms of Doge Matrix are somewhat vague, reflecting a broader trend of projects in the meme coin space where innovative functionalities are not always clearly articulated. Nonetheless, Doge Matrix seems designed to tap into the existing cryptocurrency ecosystem by encouraging user participation while tapping into the familiar cultural references associated with Dogecoin. Its potentially unique characteristics derive from community interactions rather than technological advancements, emphasizing shared experiences and collaboration among token holders. While the exact innovations have not been explicitly outlined, the project appears to create a space where community members can engage, share ideas, and propel the project's potential forward. Timeline of Doge Matrix ($doge m) Reflecting on the project’s timeline reveals notable events that have defined its journey thus far: November 25, 2024: Doge Matrix reached its all-time high value, marking a significant milestone in its early history. January 1, 2025: Conversely, Doge Matrix hit its all-time low value, illustrating the volatility often associated with cryptocurrencies, especially in the early stages of a project's lifecycle. Ongoing: The project continues to be actively traded and supported by its community, although specific future milestones or objectives have yet to be disclosed. Key Points About Doge Matrix ($doge m) Community Focus At the heart of Doge Matrix is a commitment to community engagement. The project thrives on the premise of collaboration and shared objectives among its members, emphasizing the importance of collective effort. Unlike centralized projects that often have a defined leadership structure, Doge Matrix at present showcases a more fluid approach to governance, where every community member's voice matters. Volatility The cryptocurrency market is notorious for its volatility, and Doge Matrix is no exception. Its price history reflects significant fluctuations between high and low values, which is typical of many new cryptocurrencies but underscores the risks associated with investment in emerging tokens. Lack of Detailed Information One of the most striking features about Doge Matrix is the scarcity of detailed information regarding its technological underpinnings and operational mechanisms. This ambiguity necessitates that potential investors conduct thorough due diligence before engaging with the project. Conclusion In summary, Doge Matrix ($doge m) illustrates a new wave of cryptocurrency projects that lean heavily on community engagement and cultural relevance. While lacking in certain specifics—such as clear leadership, defined objectives, and detailed functionality—the project has managed to generate interest within the crypto community, leveraging the established appeal of meme culture. As with any investment in the cryptocurrency space, understanding the inherent risks and conducting comprehensive research is essential for potential participants. Doge Matrix stands as a reminder of the dynamic, sometimes unpredictable nature of the crypto industry, marked by constant evolution and enthusiasm for community-driven initiatives.

4.4k Total ViewsPublished 2025.02.03Updated 2025.02.03

What is DOGE M

Discussions

Welcome to the HTX Community. Here, you can stay informed about the latest platform developments and gain access to professional market insights. Users' opinions on the price of DOGE (DOGE) are presented below.

活动图片

Top Questions