Why is DOLO’s price down today?
Thought for,🤔🤔
Dolomite (DOLO) fell 7.49% over the past 24h, underperforming the broader crypto market (-0.31%). Key drivers include technical bearishness, profit-taking after recent exchange listings, and sector-specific volatility linked to its "Trump crypto" affiliation.
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Technical Breakdown – Price dipped below critical support levels, signaling bearish momentum.
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Post-Listing Selloff – Traders took profits after Coinbase listing on September 11.
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Narrative Sensitivity – Exposure to politically volatile "Trump crypto" sector amplified selling.
