Dogecoin价格滑倒，在鲸鱼垃圾场，Elon Musk的经济衰退警告

Dogecoin's price experienced a decline of over 7% today, mirroring a broader selloff across the cryptocurrency market. The meme coin sector, in particular, underperformed, as evidenced by the performance of its leading cryptocurrencies.

This downturn has sparked concern among investors, further exacerbated by a notable whale transaction involving the transfer of 400 million DOGE.

The overall market retreat coincides with ongoing developments in the US political landscape.

Specifically, Elon Musk has recently been engaged in a public dispute with President Donald Trump. Furthermore, Musk's warning of a potential US recession has captured the attention of investors.

Dogecoin Price Dips 7%: A Look at DOGE's Recent Performance

DOGE's price decreased by more than 7% during the early hours of US trading, reaching $0.1762. However, its one-day trading volume surged by 152% to $2 billion.

The cryptocurrency's 24-hour high and low were recorded at $0.1924 and $0.1692, respectively. Data from CoinGlass reveals that Dogecoin Futures Open Interest also declined by over 6%, reflecting the prevailing negative market sentiment.

The current decline has resulted in a 14% decrease in Dogecoin's weekly price. This downturn has understandably generated apprehension among traders.

Contributing to these concerns, a significant DOGE whale recently divested 400 million coins, impacting investor confidence.

According to Whale Alert data, a whale, identified by the wallet address "DU8gP…guBr5," transferred 400 million Dogecoin to Binance, a transaction valued at $70.10 million. This large transfer has contributed to the prevailing bearish sentiment in the market.

Elon Musk's Recession Warning

Elon Musk, a known supporter of Dogecoin in the past, has recently entered into a feud with President Donald Trump. Some speculate that this conflict may be a contributing factor to Dogecoin's recent price decline.

The relationship between Elon Musk and Donald Trump has soured, leading to a public disagreement over Trump's tax and spending bill.

Musk criticized the bill, describing it as "a disgusting abomination." The dispute escalated on social media, with Musk accusing Trump of "ingratitude," while Trump downplayed the situation.

Adding to the market's unease, a recent comment from Dogecoin creator Billy Markus, also known as Shibetoshi Nakatomo, on X has garnered attention.

In a recent X post, Markus questioned Trump's tariffs, prompting Elon Musk to respond, "The Trump tariffs will cause a recession in the second half of this year."

Dogecoin Price Slips as Elon Musk Warns of US Recession | Source: Elon Musk, X

Despite the ongoing tension, a phone call between Musk and Trump is reportedly scheduled, suggesting a potential for reconciliation.

Bill Ackman, a Trump supporter, recently advocated for "peace" between Trump and Musk, arguing that it would benefit the US. Musk responded to Ackman's statement with, "You're not wrong."