Dogecoin Price Update

Dogecoin price has been facing challenges in its recovery, with the market showing significant volatility after Bybit’s $1.4 billion hack. More than $566 million was liquidated across the broader crypto market in the past day.

Despite the security incident, some altcoins are showing strength, and analysts are eyeing the $3 mark for DOGE if key support levels hold. Growing whale activity also adds credence to this outlook. Will DOGE price hit the $3 threshold or dip below $2? Let’s explore.