Dogecoin, the popular cryptocurrency that started as a meme, experienced a significant decline of 21% in its value after major investors, often referred to as "whales," sold off a staggering $74 million worth of the digital currency. This drop occurred even in the midst of excitement and speculation surrounding a potential merger with the Nasdaq, highlighting the volatile nature of the cryptocurrency market and the impact that large-scale sell-offs can have on asset prices.
source: https://blocknews.com/dogecoin-tanks-21-as-whales-dump-74-million-despite-nasdaq-merger-buzz/