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Dogecoin drops 7.29% in 24 hours amid heavy long liquidations on major exchanges

Market News
08 Oct 2026
Tokenpost
View Source
Bearish
Dogecoin drops 7.29% in 24 hours amid heavy long liquidations on major exchanges

Dogecoin (DOGE) experienced a sharp decline of 5.48% within four hours, falling to $0.08216 on October 8, and extended its 24-hour loss to 7.29%. The price drop was observed on Binance's DOGE/USDT market, with significant long liquidations totaling $840,000 across Binance, Bybit, and OKX, compared to only $10,000 in short liquidations. This selling pressure highlights increased bearish sentiment among traders. Dogecoin remains the 12th largest cryptocurrency by market capitalization, valued at approximately $12.9 billion.

Following Dogecoin's recent sharp decline reported on October 8, DOGE continues to show a downward trend on Pluang. As of Oct 09, 2026 00:12 WIB, Dogecoin trades at Rp1.467 with a 1-day change of -7.50%. The market cap stands at Rp256.88 trillion, and trading activity leans towards selling with 60% of orders as sell and 40% as buy, while typical hold time on Pluang is 110 days.

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Dogecoin falls below key $0.092 support, trading near 9 cents amid increased selling pressure

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