Dogecoin Price Struggles at $0.20 Support Amid Whale Selloff and Futures Liquidations

NewsBTC•Wednesday, October 29, 2025 at 2:00:10 AM

Dogecoin is currently struggling to maintain its crucial $0.20 support level as significant sell-offs by large investors, known as whales, and liquidations in the futures market put pressure on its price. After briefly rising above $0.21 earlier this week, the cryptocurrency has dropped over 2%, indicating a challenging environment for traders. This situation is particularly concerning as over 500 million DOGE tokens have been sold in just the past week, raising questions about the future of Dogecoin and whether a bull run is still possible.

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