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The Dogecoin price has tumbled 7% in the last 24 hours to trade at $0.1754 as of 4:26 a.m. EST on a 159% surge in its daily trading volume to $1.99 billion.
The decline in the DOGE price comes after Elon Musk said President Donald Trump was named in the Epstein files, and it is the real reason why they haven’t been made public yet.
Time to drop the really big bomb:@realDonaldTrump is in the Epstein files. That is the real reason they have not been made public.
Have a nice day, DJT!
— Elon Musk (@elonmusk) June 5, 2025
Musk’s Epstein claim escalated things, tapping into years of speculation about the files, which are tied to Epstein, a financier who died in 2019 while awaiting trial on sex-trafficking charges. Musk and Trump’s fallout has been messy, and the crypto markets, especially DOGE, seem to be feeling the heat.
Dogecoin Price Risks 13% Extended Loss After Falling 7%
The daily DOGE chart shows some key levels to watch. The Dogecoin price is trading inside a range between $0.15 (support) and $0.20 (resistance), with a higher resistance zone around $0.25.
The 50-day Simple Moving Average (SMA) is sitting at $0.198, acting as a resistance, while the 200-day SMA is at $0.263.
The Relative Strength Index (RSI) is at 34.33, which is around oversold territory. This suggests that a bounce might be coming if the bulls step in.
The Moving Average Convergence Divergence (MACD) supports a bearish bias, showing negative momentum, which means the bears are still in control. Nevertheless, there might be a reversal if the trend shifts.
DOGEUSD Analysis Source: Tradingview
DOGE Price Prediction – Brace For Impact
Looking ahead, the DOGE price has two paths. If the Elon-Trump-Epstein drama dies down and the market focuses its attention elsewhere, DOGE could test that $0.20 resistance again, maybe even hit $0.26 at the 200-day SMA.
However, if the FUD (fear, uncertainty, doubt) keeps spreading in the market, the price of DOGE could drop a further 13% to $0.15 or lower, around $0.125.
The key is volume. There might be a pump if buyers step in with some serious bullish momentum. Otherwise, Dogecoin enters bear territory. Data from Coinglass Liquidation Map shows futures traders are overwhelmingly bearish on DOGE with over 2.4X cumulative shorts ($112 million) compared to longs ($44.95 million).
That imbalance suggests bearish sentiment dominates the market currently as traders anticipate the price of DOGE will drop further.
Bitcoin Hyper Presale Crashes Past $550k – Next 100X Crypto?
As the Dogecoin price fights to remain on top amid FUD, a new layer 2 project, Bitcoin Hyper (HYPER) is catching the attention of investors. Imagine sending BTC to a friend and not waiting an hour for it to confirm or paying crazy fees just to buy a coffee. That’s the problem this layer 2 solution is tackling, and it’s already turning heads.
Bitcoin Hyper is like an express lane for Bitcoin. It takes the slow, expensive transactions we’ve all groaned about and makes them lightning-fast with near-zero fees. It achieves this by building a full-on blockchain layer on top of Bitcoin, powered by the Solana Virtual Machine (SVM).
$HYPER has got the Hype! ⚡️
500K Raised! 🔥 pic.twitter.com/qpaZobv9Wl
— Bitcoin Hyper (@BTC_Hyper2) June 5, 2025
All you need is to send your Bitcoin to a secure address, and Bitcoin Hyper’s smart contracts verify it using the Bitcoin blockchain. Once confirmed, you get an equivalent amount of BTC on the layer 2 network, where you can trade, stake, or use dApps instantly.
When done, a withdrawal sends your BTC back to the main Bitcoin network, secure as ever, thanks to zero-knowledge proofs syncing everything up. The HYPER token is the fuel for this ecosystem.
With a total supply of 21 billion, 20% is up for grabs in the presale, which increases in price every two days, so acting fast matters. The tokenomics are solid: 30% goes to development, 20% to marketing, 15% to community rewards, and 10% to exchange listings, hinting at big trading potential soon. Staking offers great returns, yielding up to a 1,286% APY.
Crypto analyst and YouTuber TodayTrader, who has over 13K subscribers, believes HYPER could turn investors “into crypto millionaires in 2025.”
To participate in the presale, visit the Bitcoin Hyper website, connect a wallet like MetaMask, and grab HYPER with ETH, USDT, BNB, or even a credit card.
Currently HYPER tokens are going for $0.011775 a pop, but the price will increase in around 20 hours.
Visit the Bitcoin Hyper website to learn more.
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