As the wildest market crash in the recent history of cryptocurrency markets unfolded on Friday and Saturday morning, no altcoin was spared from the adverse events that wiped out $900 billion from the entire capitalization. Naturally, the ever-volatile meme coin sector felt some of the worst consequences, including its 0 traded at around $0.25 on Friday, before the Trump-induced panic sent it nosediving to under $0.10 on many exchanges. It’s worth noting that this wick meant that DOGE had dumped to its lowest price position in just over a 1 immediately bounced off in the following minutes and hours and has settled at around $0.19. Daan Crypto Trades exemplified the overall behavior by most altcoins, including the OG meme 2 plunged by roughly 70% from top to bottom before it bounced to about halfway through the entire 3 typically follows is a sideways chop before another correction of 10% to 20%.
“I think these charts would get interesting the moment they breach those initial highs from the 4 can be the confirmation on the 5 that point, up until the start of the dumps, there are these 15%-30% inefficiencies/gaps which likely get filled relatively easily if price were to get to that 6 long as prices are below that point, I’m assuming to see a relatively volatile chop.” DOGEUSD.) October 12, 2025
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