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TL;DR<\/strong><\/p>\n A lot can change in the cryptocurrency markets in the span of just a couple of weeks, and this is particularly true for the ever-volatile meme coin niche. The leader spiked to $0.31 on September 14, which became a multi-month peak, and the community was excited about the prospect of another run toward $0.50.<\/p>\n However, the tables quickly turned for the worse in the following two weeks, and DOGE plunged to $0.22 during this market-wide crash a few days back.<\/p>\n As of press time, DOGE sits at just under $0.23, which is beneath the coveted $0.24 support line. If the asset fails to reclaim the latter, its next crucial support lies at $0.19, which could serve as the last line of defense before another plunge toward $0.15.<\/p>\n Dogecoin $DOGE<\/a> could find support at $0.19 if it fails to reclaim $0.24 as support! pic.twitter.com\/hgxcaG25Ee<\/a><\/p>\n \u2014 Ali (@ali_charts) September 28, 2025<\/a><\/p>\n<\/blockquote>\n Aside from the overall negative sentiment in the cryptocurrency markets in the past week, what\u2019s also particularly troubling for DOGE\u2019s price is the controversial behavior of whales.<\/p>\n These large market participants that can impact the markets in a few different ways with their actions have started to dispose of DOGE tokens. According to Ali Martinez, they have sold off 40 million coins in just a day during the market-wide crash, which is in stark contrast to their buying wave<\/a> earlier this week.<\/p>\n Moreover, their holdings have dropped from over 11 billion tokens in mid-September to 10.75 billion as of now.<\/p>\n 40 million Dogecoin $DOGE<\/a> sold by whales in the last 24 hours! pic.twitter.com\/VpKLI2hm87<\/a><\/p>\n \u2014 Ali (@ali_charts) September 27, 2025<\/a><\/p>\n<\/blockquote>\n LIMITED OFFER for CryptoPotato readers at Bybit: Use this link<\/a> to register and open a $500 FREE position on any coin!<\/b><\/p>\n<\/div>\n<\/div>\n <\/p><\/div>\n\n
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