Dogecoin News Update: Major Investors Stunned as Dogecoin's Drop Wipes Out $20 Million in Profits

Bitget App

Trade smarter

Bitget

News

Markets

Dogecoin News Update: Major Investors Stunned as Dogecoin's Drop Wipes Out $20 Million in Profits

Bitget-RWA2025/11/14 16:04

By:Bitget-RWA

- Dogecoin fell over 21% in a month, testing a key $0.17 support level after Trump's stimulus speculation failed to sustain momentum. - Technical indicators show bearish trends, with RSI and MACD turning negative, risking a broader sell-off below $0.163. - CleanCore Solutions' stock plummeted 78% as its $20M Dogecoin treasury lost value, highlighting corporate treasury risks in volatile crypto markets. - Market jitters spread to AI/tech sectors, with C3.ai down 17% and cautious outlooks for tech IPOs amid

Dogecoin has dropped more than 21% over the last month, falling under $0.17 and challenging a key support level that has remained intact since late 2023. Although there was a short-lived spike earlier this week fueled by speculation about Donald Trump’s suggested $2,000 stimulus, the

meme

coin has not managed to maintain

its upward momentum

raising concerns that the 2021-style rally may be over

Dogecoin News Update: Major Investors Stunned as Dogecoin's Drop Wipes Out $20 Million in Profits image 0

Experts caution that technical signals now suggest a bearish trend, as the Relative Strength Index (RSI) continues to decline and

the Moving Average Convergence Divergence has turned negative

. If Dogecoin falls below the $0.163 threshold, it could spark a larger sell-off, wiping out the gains achieved during the late-2023 rebound.

This downturn has significantly impacted corporate holders.

CleanCore Solutions

, a company listed on the NYSE that accumulated more than 700 million

Dogecoin

tokens in its reserves,

experienced a 78% plunge in its share price

to an all-time low, despite its holdings being valued at over $20 million earlier this year. The firm’s aggressive buying, including a major purchase in September at $0.238 per coin, is now underwater, erasing previously unrealized profits. CleanCore’s difficulties underscore the dangers of using corporate treasuries to bet on volatile assets,

even as Dogecoin adoption continues to expand

Recent price movements stand in stark contrast to the optimism that followed Trump’s stimulus comments, which briefly revived trading patterns seen in 2021.

Coindesk noted a 6% jump

in Dogecoin on November 10 as traders anticipated policy-driven flows into riskier assets. However, the rally quickly faded as doubts mounted over the viability of the proposal, highlighting Dogecoin’s dependence on broad economic themes rather than intrinsic demand.

Experts point out that meme coins are still highly speculative

, with Dogecoin’s performance more closely linked to political and macroeconomic developments than to technological progress.

Challenges in the wider tech and AI industries also provide context for Dogecoin’s recent struggles.

C3.ai’s shares have fallen

17% in the past month, underperforming both the S&P 500 and Nasdaq. The company’s consideration of a possible sale—prompted by leadership changes and falling revenues—

has further unsettled the market

, reflecting broader headwinds in the AI sector. Meanwhile,

Lisa Heinrich of Bank of America has expressed a cautious stance

on tech IPOs, noting that while some deals may close by 2026, investor interest remains selective. These factors point to a risk-averse climate for high-growth assets, including digital currencies.

Technical analysts stress that Dogecoin’s short-term direction depends on whether it can stay above the $0.1800–$0.1804 support range.

If this level is breached for an extended period

prices could slide to the $0.1740–$0.1750 area, though patterns of institutional buying suggest there may be interest during price dips. For now, the market seems to be anticipating a lengthy period of sideways trading, with Trump’s stimulus proposal offering little in the way of new momentum.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

PoolX: Earn new token airdrops

Lock your assets and earn 10%+ APR

Lock now!

- Ethereum whale "Buddy" added 350 ETH to a leveraged position, now facing a 195% unrealized loss amid extreme market volatility. - High-leverage trades by institutional whales, including $37M in 25x ETH positions, highlight risks as $327M in crypto liquidations surge. - Ethereum ETFs face $1.78B in 24-hour outflows, reflecting waning institutional confidence amid four consecutive days of net redemptions. - "7 Siblings" whale accumulates 49,200 ETH during dips but now holds an $18.97M unrealized loss, illu

Bitget-RWA•2025/11/15 06:44

Ethereum News Update: Major Ethereum Holders Purchase During Price Drop, Yet High Leverage Results in $327M Liquidated

Bitcoin News Update: Profitable but Still Undervalued: U.S. Bitcoin Faces Doubt and Market Fluctuations

- Trump-backed American Bitcoin Corp. (ABTC) reported its first quarterly profit as a public company, with 453% revenue growth to $64.2M and $3.5M net income. - The firm expanded Bitcoin reserves to ~4,000 BTC via a hybrid mining-treasury model, acquiring crypto at half market cost through 25 EH/s mining capacity. - A merger with Gryphon and Hut 8's 80% stake fueled growth, but shares fell 13% post-earnings amid crypto market volatility and macroeconomic concerns. - Management highlighted 56% gross margins

Bitget-RWA•2025/11/15 06:44

Bitcoin News Update: Profitable but Still Undervalued: U.S. Bitcoin Faces Doubt and Market Fluctuations

DASH Rises 20.16% in the Past Day Following New Clothing Delivery Collaboration

- DoorDash (DASH) surged 20.16% in 24 hours after announcing a 24/7 apparel delivery partnership with Old Navy, expanding beyond food delivery. - Q3 revenue rose 27.3% YoY to $3.45B, but GAAP EPS of $0.55 missed forecasts, triggering a 15.5% sell-off and revised Q4 EBITDA guidance. - Analysts cut DASH's price target to $275 from $300 amid volatility, while a $18M Chicago settlement addressed deceptive practices and data breach concerns. - A 20% surge momentum strategy showed high volatility for DASH , emph

Bitget-RWA•2025/11/15 06:44

YFI +1.21% Daily Returns from Automated Yield Agreements and DeFi Stability

- IO DeFi launches automated yield contracts to stabilize crypto returns via smart contracts, aiming to reduce manual intervention and address DeFi challenges like gas fees and slippage. - YFI rose 1.21% in 24 hours on Nov 15, 2025, but fell 6.38% in 7 days and 41.76% in a year, reflecting short-term volatility and long-term decline. - Technical analysis shows a bearish short-term trend, yet the 24-hour gain sparked optimism, highlighting market uncertainty and automated strategies’ potential to mitigate v

Bitget-RWA•2025/11/15 06:26