“Whales vs. Meme Traders”: How DOGE’s 9% Rally Turned Sour
The Dogecoin community’s hopes for a sustained breakout were dashed on July 12 as a 9% surge to $0.213 met brutal resistance, shedding all gains within hours. The reversal revealed a stark divide: retail traders fueled the rally, while institutions cashed out . The Whales’ Telltale Moves Retail’s Last Stand at $0.200Smaller traders defended the $0.200–$0.201…