Dogecoin drops by 7% despite a major strategic partnership: what’s going on?

Despite a five -year strategic partnership aimed at increasing Dogine’s DOGE / USD Adoption, Doge is down 7% as Network activity slows down.

Trader notes: In a X Message on Monday, delay Tardigrade remains optimistic, noting that Dogecoin approaches the end of its fourth falling corner model – a historically raised configuration.

The past eruptions of similar models resulted in a first gain of 88%, while the second marked a 208%increase and the third caused a 445%rally. If history is repeated, it predicts another major escape in the near future.

Statistics: Crypto Ali Martinez graphic analyst highlighted The activity of the Doge network has fallen at its lowest level since October 2024. It has marked 66 whale transactions and less than 60,000 active addresses per day.

Coinglass data show $ 9.4 million in liquidations in the last 24 hours, with long liquidations at 8.75 million dollars.

Community news: In an X post on Saturday, director of the Dogecoin Foundation Timothy Stebbing announced a five -year partnership with House of Doge, which will act as an official Dogecoin marketing partner.

The main objectives of House of Doge will be to create a Dogecoin reserve and a treasure by aggregating Doge extract.

It will also provide liquidity to businesses and organizations integrating DOGE.

Doge’s house plans to launch the largest Dogecoin extraction operation in North America, aimed at 10,000 ASIC by the end of the year.

With the adoption of DOGE developing between companies and sporting events, the official Dogecoin declaration summarized it: “The adoption is inevitable”.