The price of Dogecoin (DOGE) has experienced a significant decline, dropping to $0.18, as many long-term holders of the cryptocurrency begin to sell off their investments. This trend indicates a shift in sentiment among investors, who may be losing confidence in the asset's potential for growth. Additionally, technical analysis shows the formation of a 'death cross,' a bearish signal that occurs when a cryptocurrency's short-term moving average crosses below its long-term moving average. This price action typically suggests further declines may be on the horizon, raising concerns about the future performance of DOGE in the market.
source: https://www.coindesk.com/markets/2025/11/03/doge-falls-to-usd0-18-as-long-term-holders-exit-death-cross-price-action-appears