TLDR
- Dogecoin fell 21% this week despite House of Doge announcing a Nasdaq merger and Thumzup exploring DOGE payment integration
- Large holders sold 360 million DOGE worth approximately $74 million following the corporate announcements
- Thumzup’s announcement was exploratory only, not a confirmed launch, triggering profit-taking among traders
- The token is testing critical support at $0.19 with analysts watching this level for potential recovery or further decline
- Broader crypto market weakness added pressure as BTC and ETH also declined during the week
Dogecoin is down roughly 21% over the past week, trading near $0.20 despite two separate corporate announcements that initially appeared positive for the token.
House of Doge, the corporate arm backed…more
Source coincentral.com
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