Dogecoin (DOGE) extended its decline on Monday, marking a third straight day of losses as the leading meme coin edged closer to the critical $0.0700 support level. Weakening retail demand, bearish derivatives positioning, and cautious investor sentiment across the broader cryptocurrency market continue to pressure DOGE, increasing the likelihood of further downside if key support fails. Retail interest in Dogecoin continues to fade Dogecoin, which remains the largest meme cryptocurrency by market capitalization at more than $12 billion, is showing signs of declining participation from retail traders.
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