Dogecoin Plunges 11% as Institutional Bets Seen Exiting Amid Heavy Selloff

  • Dogecoin posted a sharp decline during the July 23–24 trading session, shedding 11% from $0.26 to $0.24 amid sustained institutional sell pressure and extreme volatility. Trading volumes surged past 2.26 billion tokens during the selloff window, marking one of the highest activity spikes in recent weeks.