The price of Dogecoin (DOGE) experienced a significant decline of 7% as a wave of selling activity attributed to large investors, often referred to as "whales," forced the cryptocurrency's value to drop below the critical threshold of $0.13. This sudden sell-off, driven by the actions of these influential market players, has raised concerns among traders and investors, highlighting the volatile nature of the digital currency market.
source: https://www.coindesk.com/markets/2026/01/19/doge-slides-7-as-whale-linked-selling-pushes-price-below-usd0-13