Dogecoin Experiences 9% Decline Amid Market Weakness
Written by Ohris M. Greyoon, Blockchain & Crypto Expert
Source: Coinmarketcap
Updated: Jul 29 2025Dogecoin Price Decline: Dogecoin experienced a significant drop of over 9% on July 29, 2025, falling below the critical support level of $0.2220 amid a broader sell-off in the altcoin market, influenced by Bitcoin's weakness and miner sell-offs.
Market Sentiment and Recovery Potential: Despite the decline, there are indications of potential recovery for Dogecoin, with historical trends showing previous rebounds following similar market conditions, while ongoing influences from figures like Elon Musk continue to shape investor sentiment.
About the author
Ohris M. Greyoon
Ohris M. Greyoon holds a Master’s in Computer Science from MIT and has 10 years of experience in blockchain technology and cryptocurrency markets. A pioneer in decentralized finance (DeFi) analysis, he leads Intellectia’s Crypto News, offering cutting-edge insights into digital assets.
