
The chart compares bitcoin’s price swings with dogecoin DOGE$0.06898, the largest meme token by market value.
Since early July, DOGE has remained under pressure, decoupling from the recovery in BTC’s price.
The divergence shows that speculative interest remains absent, and traders are not chasing high-beta, meme-driven exposure even as bitcoin stabilizes. This is usually the first sign of a market bottom.
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