With its daily trading volume having slipped by 28.27%, Dogecoin’s market activity and liquidity have diminished.
This can be showcased by the fact that, according to CoinGecko data, the price of DOGE has dropped by 14% in the past week to hit $0.157 at the time of writing.
As a result, renowned market analyst, Ali Martinez, believes that Dogecoin is in a dilemma, with $0.16 being a critical zone.
Martinez