Dogecoin (DOGE) is experiencing significant challenges as it records a 15% drop in value, causing it to lose crucial price support. The broader crypto market’s selling pressure is impacting Dogecoin, raising concerns about its future trajectory. Investors are now evaluating the implications of this decline, considering market sentiment and potential recovery strategies. Analysts suggest that while the current downturn is a setback, it also presents buying opportunities for those looking to invest long-term in this popular meme coin. The crypto community awaits signs of stabilization and renewed investor confidence in the coming days.