DOGE fell 4%: Market fluctuations triggered by the Federal Reserve maintaining the Interest Rate!

After the Federal Reserve decided to maintain the Intrerest Rate, the price of DOGE fell by 4% to $0.19. This adjustment reflects the strong impact of the Federal Reserve's policy on the market, especially in the volatility of high beta assets (such as DOGE and other meme coins) as a large amount of capital flows out of meme coins with the reassessment of the macroeconomic environment.
The relationship between the Federal Reserve's Interest Rate decisions and DOGE price
The Federal Reserve's decision to keep interest rates unchanged has intensified the market's risk aversion, causing investors to adjust their portfolios, especially in response to volatile assets such as DOGE. This has directly led to the outflow of funds from DOGE.
Whales are accumulating against the trend during the fall. Despite the price decline, whales continue to show strong interest. In the past 24 hours, whales have accumulated over 310 million DOGE. Chart analyst Ali Martinez points out that this phenomenon indicates that large holders are confident about the future potential of DOGE, especially as moving it to cold storage shows a positive outlook for long-term growth.
The volatility of Meme coins and market impact
Despite the market facing sell-off pressure, DOGE and other meme coins (such as Shiba Inu) have maintained a certain level of resilience amid market fluctuations. The Dogecoin Foundation continues to drive project development with the support of advisors, maintaining community-driven momentum. Technical analysis shows that DOGE's support level is around $0.19. If risk aversion sentiment weakens, there is still potential for recovery in the future.
Key Data Overview DOGE fall: 4%
Whale Accumulation: Over 310 million DOGE
Meme coins outflow: significantly increased especially against the backdrop of heightened market uncertainty.
Despite the recent price correction of DOGE, the continued accumulation by whales shows confidence in its long-term potential. The current price drop may just be a short-term reaction to market sentiment. As the macroeconomic environment becomes clearer, DOGE and other highly volatile assets may face a rebound. Observing whale activity and community dynamics will be key to assessing the future trends of DOGE. Why did DOGE fall by 4%?
The price of DOGE fell by 4% due to the direct impact of the Federal Reserve's decision to maintain the Interest Rate, leading to increased risk aversion and capital outflows in the market.
Will large investors still buy DOGE when the price falls?
Yes, despite the price fall, whales have accumulated over 310 million DOGE in the past 24 hours, indicating confidence in the long-term potential of DOGE. The 4% fall of Dogecoin reflects the market's sensitivity to macroeconomic policies, especially the impact on high volatility assets. Although the price is declining in the short term, the accumulation behavior of whales signifies a potential market recovery. Continue to monitor whale activities and the development of the Dogecoin community, as this may provide clues for future trends.