Dogecoin drops amid market correction: Dogecoin experienced an 8% price drop amidst a larger cryptocurrency market correction, which saw a 4% decline in total market capitalization. This downturn led to significant liquidations, totaling over 1.75 billion USD in the last 24 hours, primarily affecting long positions. Despite this, bullish sentiment for DOGE remains.

Analyst predicts Dogecoin surge: Ali Martinez maintains a bullish view on Dogecoin, predicting it could surge to 3 USD. He notes that the current market correction presents a valuable entry point for investors, especially within the 0.30 to 0.40 USD range. Historical uptrend patterns since 2017 support this optimistic outlook.