Dogecoin plunged today amid a broad crypto sell-off, trading down across all time frames. According to CoinGecko statistics, DOGE fell 7.2% in 24 hours, 9.6% for the week, 15.6% over 14 days, 3.3% in the month, and 68.4% since January 2025.
Data shows market stress produced heavy liquidations in the last day. CoinGlass reported nearly $870 million in liquidations over 24 hours.
Geopolitical tensions weighed on risk assets as leaders debated control and defense of Greenland. Statements by President Donald Trump about seizing Greenland prompted support offers from France, Germany, and other NATO members, while the US announced additional tariffs on countries backing Greenland.
Safe-haven metals rallied as traders fled riskier markets. A Coin Bureau tweet noted “🚀 METALS ARE PUMPING!!!” and reported gold near $4,690 and silver around $94.
Dogecoin remains categorized as a memecoin with elevated risk and volatility. (Ed. note: Memecoins often show prolonged declines during sustained risk-off moves.) Low DOGE prices may attract buyers, though prices could remain pressured until wider geopolitical and economic tensions ease.
