Dogecoin Drop 16.7% As MUTM Presale Hit $14M
Dogecoin fall sharp by 16.7% come down to $0.20 during widespread crypto sell-off, led by strong US dollar, Fed keep rate unchanged, plus $758 million liquidations, including $23.2 million for DOGE positions. Trading volume jump to $2.48 billion when DOGE drop under the 200-day SMA, with bearish MACD and RSI sitting at 38. Support and resistance dey for $0.194 and $0.212 respectively. Meanwhile, Mutuum Finance (MUTM) don raise over $14.25 million for their Phase 6 presale, offering tokens for $0.035 wit only 15% sold so far. Upcoming beta launch go change MUTM become full DeFi platform wey go get Peer-to-Contract and Peer-to-Peer lending, staking, and earning mechanisms. Layer-2 upgrade go bring lower gas fees and faster transactions. Milestones na CertiK audit (95 on security) plus plans to list on Coinbase, Binance, Kraken, KuCoin, and MEXC. $100,000 token giveaway dey motivate more people to join. Mutuum utility-focused model different from DOGE hype-driven swing, e give traders alternative with real use cases and strong demand.
Bearish
Di sharp sharp 16.7% drop wey happen for Dogecoin dey show say people still dey sell meme coin anyhow, just like before when dem sell plenty after quick climb. When technical break down pass important moving average dem and heavy liquidation wey sup, e fit cause more down turn for short term. Even though Mutuum Finance presale and their coming DeFi features dey offer beta option, market still dey cautious. Traders go likely reduce how dem dey buy hype tokens till crypto market better or macro indicators settle. For long run, projects wey get real use fit do well pass, but for now DOGE outlook dey bearish until e fit claim back technical support level dem.