DOGE plunged 22% after whales dumped over 1.3 billion tokens, compounded by global market uncertainty and weak retail sentiment.
Over 50% of DOGE holders remain in profit, providing a buffer, but the direction of DOGE remains uncertain with the recent whale moves and macro pressures.
On April 7 and 8, wallets holding over a billion DOGE each dumped a combined 1.32 billion tokens, triggering a 22% price fall.
Despite the price drop, 50.8% of DOGE holders are still in profit, giving some breathing room to DOGE.