Why Is Dego Token Going Down? $DEGO Coin Price Crash 48% Explained
The Dego coin price crash on June 4, 2025 completely shocked the whole crypto market. The price had dropped sharply from $2.63 to about $1.33 within a few hours. That is a large drop of 48.10% in one day.
The $DEGO coin price crash reason is not certain. However, it may have been influenced by the recent announcement made by its official team on X that they were adding USD1 liquidity on the BNB Chain. As soon as this news dropped, many traders started selling their coins quickly.
Source: DEGO Official X
Grok on X, also stated that the token is falling because some big investors sold a lot of their coins. Since it has a small market size—only $29.21 million—it’s easier for big trades to crash the price.
This unexpected Dego coin news today landed just as traders were growing nervous, turning routine updates into a catalyst for chaos.
Adding fuel to the fire, trading volume surged 246.40% to $85.02M, showing that this was no regular move—it was a full-blown panic event.
Technical Analysis Chart: Panic Meets Opportunistic Buying
The chart on Binance Exchange shows a clear example of a whale sell off, and because of this, the price dropped really fast. After falling, the price didn’t move much and stayed between $1.38 and $1.41.
The candlestick patterns on the chart show that traders are unsure about the next move, but some signs suggest that people have started buying again.
Source: TradingView
As shown in the TradingView chart , the RSI indicator dropped below 30 during the crash. But now, RSI has moved back up to around 45.19, which shows that the panic is slowly calming down and the price might be getting ready to bounce back. The MACD indicator also gives a small hope. It showed a strong sign of selling earlier, but now it’s turning a bit positive again.
Key Price Levels to Watch
Source: X
Support Level: $1.30 – This is the lowest price where it stopped falling during the big crash, so it’s an important price to watch.
Resistance Level: $1.65 – When this token tried to go back up, it got stuck at this price because many people started selling. It’s a tough point to cross.
These two price points are super important. Being a crypto analyst who follows similar pattern projects like Mantra coin , and more, I think these levels will help us guess where the price might go next.
Dego Coin Price Prediction: Short-Term Range or Rebound?
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If it holds the $1.30 support zone, we may see a bounce back to $1.55–$1.65 in the short term.
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In the bearish scenario, If the price falls below $1.30, it could drop even more—maybe down to $1.10.
Long-Term Outlook: Can DEGO Coin Recover?
If the team manages to restore investor confidence through updates, new exchange listings , or partnerships, recovery is likely. Here’s how the long-term crypto price target may look:
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Q4 2025 Target: $2.20 – $2.80
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Mid-2026 Bullish Target: $3.50+ (especially if DeFi and NFT sectors rebound)
Final Takeaway
The Dego coin price crashed hard due to no updates, big whales selling, and market fear. But signs like RSI and MACD are showing a small recovery. If the value stays above $1.30, it might bounce back. If not, it could fall more. Right now, it is in a risky spot but still has a chance.
Also read: Tomarket Daily Combo 05 June 2025: Boost Your Earning免责声明:本文章仅代表作者个人观点,不代表本平台的立场和观点。本文章仅供信息分享,不构成对任何人的任何投资建议。用户与作者之间的任何争议,与本平台无关。如网页中刊载的文章或图片涉及侵权,请提供相关的权利证明和身份证明发送邮件到support@aicoin.com,本平台相关工作人员将会进行核查。