DOGE whales are selling amid declining open interest and network activity, suggesting that Dogecoin’s price may continue to fall to as low as $0.12.
Key takeaways:
Dogecoin whales offload large volumes of DOGE, signaling risk aversion.
Declining open interest and daily active addresses signal less demand for DOGE.


![[LIVE] Crypto News Today, Aug. 1: Bitcoin Slumps On Trump Tariffs, SEC Unveils ‘Project Crypto,’ Saylor Plans $4.2B Raise, IMF Pivots On Bitcoin](https://wireopedia.com/wp-content/uploads/2021/12/bit-placeholder-img.jpg)
