The post DOGE Sees Over $4 Million Liquidation In 24 Hours appeared first on Coinpedia Fintech News
Dogecoin is at the forefront of memecoin liquidation as more than $4 million was liquidated in 24 hours. While this liquidation figure of $4.92 million in 24 hours is small compared to the $90.06 million for Bitcoin (BTC), it is still significant for DOGE. The Dogecoin spotlight comes as the price of the first meme coin dropped by 7.89% to $0.1121 in 24 hours. While PEPE also recorded over $4 million in liquidations, the expectation that the more than 8,500% surge in the Shiba Inu burn rate would trigger an ecosystem recovery failed to unfold.