Dogecoin Price Sinks 15%—Is a Bigger Crash Coming?

The crypto market has faced intense volatility, with Dogecoin price dropping below $0.30, marking its lowest level in over a month.

As Dogecoin price struggles, dipping below $0.30, investors are debating whether DOGE still has room to grow or if new altcoins like DTX Exchange (DTX) offer better upside potential.

Dogecoin price dropped 15% in just two days, sparking concerns among traders. Crypto analyst Ali Martinez observed a bearish signal in DOGE’s Market Value to Realized Value (MVRV) ratio, indicating a potential steeper correction. The broader market downturn, influenced by Trump’s new tariff policies, has also impacted DOGE, wiping out $150 billion in total crypto market cap.

Despite the negative price action, some bullish catalysts remain on the horizon. Grayscale recently announced a new investment fund that includes DOGE, and there is growing speculation about a spot Dogecoin ETF being approved. Analysts believe that if the SEC approves a DOGE ETF, it could lead to a massive price surge, with some projecting a 200% move to $1.

However, for now, Dogecoin price remains vulnerable, and traders are exploring alternative altcoins with stronger momentum.

Unlike DOGE, which heavily relies on community-driven pumps, DTX Exchange is building a decentralized trading infrastructure with cutting-edge technology. Its VulcanX blockchain boasts 200,000 TPS, making it one of the fastest blockchain networks available.

The project has already gained over 500,000 holders, a milestone that took DOGE years to achieve. With DTX still in its final presale round, investors have a rare chance to buy at market bottom before listings. Once DTX hits exchanges, demand is expected to skyrocket, just as Dogecoin price did in early 2021.

Analysts are drawing parallels between DTX’s presale success and early-stage DOGE momentum, but with a stronger use case. While DOGE’s value is largely tied to social media hype, DTX integrates TradFi and DeFi, enabling stock, forex, and crypto trading on a single platform.

If DTX follows even a fraction of Dogecoin’s trajectory, early investors could see exponential returns. With a presale price of $0.16, projections suggest DTX could hit $1+ post-listing, delivering massive gains.

Despite the recent dip in Dogecoin price, some traders remain optimistic about its long-term outlook. The bullish argument for DOGE is centered around several key points: the increasing likelihood of a DOGE ETF approval, its deep integration into Elon Musk’s payment ecosystem, and its status as the leading meme coin. If Bitcoin maintains bullish momentum, DOGE could follow suit, aiming to reclaim the $0.40-$0.50 range in the near term.

However, the bearish case for Dogecoin price remains strong. If Dogecoin price fails to hold its $0.30 support, a deeper retracement could be on the horizon.

The battle between Dogecoin price action and DTX’s growing momentum is heating up. While DOGE could see a rally if ETF speculation materializes, its recent technical weakness raises concerns. DTX, on the other hand, offers a new opportunity at market bottom, backed by a next-gen blockchain and real-world utility.

Historically, altcoins that gain traction at market bottom have delivered mind-blowing returns, and DTX is shaping up to be one of 2025’s biggest opportunities. Analysts note that a recovery in Dogecoin price could signal a broader market rebound, providing further support for veteran altcoins. Keeping an eye on Dogecoin price trends is essential as investors decide whether to hold DOGE or explore emerging opportunities like DTX.