what happened to dogecoin

Dogecoin experienced a significant event recently—a 50% flash crash on October 10, 2025, where its price dropped sharply from $0.22 to $0.11 within minutes before recovering back to around $0.19-$0.20. This sudden crash was triggered by President Trump's administration announcing a 100% tariff on Chinese imports, which sparked a broader selloff in the cryptocurrency market. Despite the crash, institutional demand and ETF flows helped stabilize Dogecoin, and large holders ("whales") re-accumulated DOGE, with notable exchange outflows totaling $23 million and 2 billion DOGE added to corporate wallets. Besides this flash crash, Dogecoin has shown technical signals of potential recovery or rally in the near term based on historical momentum indicators, with some predictions pointing to possible significant price gains by early 2026 if favorable market conditions persist. In summary, Dogecoin recently faced heightened volatility due to macroeconomic and geopolitical developments but has underlying support that may drive future price appreciation.